Tag: Supply glut
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Indonesia: Coal miners seek relaxation of DMO quota amid sluggish domestic demand
Latest report suggests that Indonesian Coal Mining Association (APBI) have requested the government to relax country’s Domestic Market Obligation (DMO) for coal amid COVID-led poor domestic demand. DMO is the mandatory coal sales of set percentage to the domestic power plant in order to ensure uninterrupted supply of coal to domestic utilities and avoid the…