Why Indonesia Is Jolting Markets By Curbing Commodity Exports

Indonesia is the top exporter of coal for power stations and the biggest palm oil producer in the world. It also holds a quarter of all nickel reserves. So policy shifts in the Southeast Asian archipelago -- such as new restrictions on coal shipments or a proposed nickel export tax -- often reverberate across global commodities markets, roiling trading and pushing up prices for other countries that need the supplies.

 

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