China's Coal Imports Expected to Decline Amid Indonesian Export Restrictions

China's primary coal industry organization anticipates a decrease in coal imports this year, with domestic production possibly increasing. Bloomberg posted on X, highlighting Indonesia's decision to limit coal exports in a bid to elevate prices. This move by Indonesia, a significant coal supplier, could impact China's import levels and encourage local production to meet demand. The industry body suggests that these developments may lead to adjustments in China's coal market dynamics.