Coal Holds Near 16-Month High in Commodity News 17/03/2026 Coal held above $130 per ton, hovering near its highest levels since November 2024 after Indonesia unveiled plans to prioritize domestic supply as the Middle East war drove prices higher. President Prabowo Subianto’s administration has signaled it will introduce rules to ensure its expanding industrial sector can access cheaper coal before any volumes are exported. Indonesia is the world’s largest exporter of coal for power generation, accounting for roughly 50% of global supply. A prolonged disruption to oil and gas flows through the Strait of Hormuz could force power generators in major economies to rely more heavily on coal for electricity. Coal remains the most carbon-intensive fossil fuel, but despite efforts by environmentalists, financiers, and governments to curb its use, demand has stayed resilient. Global thermal coal demand has increased in each of the past two years, according to the IEA, particularly in India and Southeast Asia. Source: Trading Economics 2026-03-17 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share