The Indonesian government plans to impose a 1% to 5% tariff on coal exports starting in 2026.

As a major global coal exporter, Indonesia's plan to impose a 1% to 5% export tariff will directly increase export costs, reduce global coal supply, and boost spot prices. While this policy is expected to be implemented in 2026, the market may react earlier, leading to tighter supply and demand in the short term, providing significant support to the coal spot market.

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