Jakarta has lifted an export ban on low-grade coal since sector has suffered low prices amid the slowdown beginning in 2008, according to Bob Kamandanu, chairman of the ICMA. In the meantime, Kamandanu doesn’t expect to see the export ban reinstated for at least two years. In addition, Kamandanu’s forecast for Indonesia’s coal output is close to 400 million mt this year—up from a prior forecast between 370 million and 375 million mt based on weather patterns. “The first two months of the year there was a lot of rain and production was less than 30 million mt,” he said.

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