Global seaborne thermal coal production is unlikely to meet demand in Indonesia , according to Citi analysts . The 477 million tonnes forecast to be shipped is short of the 508 million tonnes required , it said . Citi blames the shortage on declining capital expenditure in the mining industry and a slump in Indonesian thermal coal production . India is expected to import 82.6 million mt in H2 2018, up from 60.9million mt in the first half, the analysts noted. Russia , India and China are driving demand , it said .
Global seaborne thermal coal production is unlikely to meet demand in Indonesia , according to Citi analysts . The 477 million tonnes forecast to be shipped is short of the 508 million tonnes required , it said . Citi blames the shortage on declining capital expenditure in the mining industry and a slump in Indonesian thermal coal production . Russia , India and China are driving demand , it said .