China’s Coal Buyers Resist Waiver Demands in New Indonesian Deals

AI Summary

Chinese coal importers are resisting Indonesian exporters’ efforts to add waiver clauses to new supply contracts. The dispute centers on protections from delivery-volume commitments if Indonesia restricts exports or production, amid repeated policy changes that have disrupted shipments.

China’s coal importers are resisting attempts by Indonesian exporters to include waiver clauses in the new supply contracts to free them from strict delivery volumes if the Indonesian government decides to restrict export or output quotas again, sources familiar with the negotiations have told Bloomberg. Indonesia, which is the world’s biggest exporter of thermal coal, has changed its production and export policies several times this year, stifling international shipments and forcing China, the world’s top coal consumer, to tweak…