Author: Shivani Patil
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Indonesian quota cuts, Middle East war fears put Asian thermal coal markets on edge
Indonesian supply curbs trigger sharp Asian thermal coal rally Middle East tensions to lift freight costs, widen oil-coal spreads February 2026 witnessed a powerful price rally across Asian thermal coal markets, and expectations are that the uptrend will continue. Reductions in Indonesian production quotas and rising tensions in the Middle East could lift freight costs…