Asia’s coal market split between rising domestic use and shrinking exports
Asia remains the largest producer of thermal coal, with China, India, and Indonesia driving output. Domestic consumption in these countries is set to grow, while the seaborne coal market faces a decline, according to Reuters. Together, China, India, and Indonesia account for over 70% of global coal production. Their output has expanded in recent years to meet increasing energy needs. Outside these three, production in Australia, Russia, the United States, and South Africa mainly supplies…