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Asia Sentinel
Indonesia Commodities Sector Heads for Trouble

Indonesia Commodities Sector Heads for Trouble

Our Correspondent
Jun 14, 2012
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Asia Sentinel
Asia Sentinel
Indonesia Commodities Sector Heads for Trouble
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The folly of Indonesian nationalist posturing on natural resources extraction is coming home to roost even faster than even pessimists might have expected a few months ago.

The first place to look for this evidence is the price of thermal coal, of which Indonesia is the world’s largest exporter. This has collapsed from US$135 a tonne in late 2011 to arou…

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