节点：下游（终端消费/应用）位置：下游情绪：利空参考度：7/10
印尼能源与矿产资源部（ESDM）披露，2025年1-10月该国煤炭产量实现6.6118亿吨，其中1.8098亿吨（约27.36%）用于履行国内市场义务（DMO），出口量达4.2192亿吨（占总产量63.79%），出口额为244.3亿美元。同期参考煤炭价格（HBA）均价为每吨111.24美元。矿产与煤炭收入局局长托托·阿卜杜勒·法塔赫在IESR公开讨论中称，2025年煤炭产量目标为7.39亿吨，截至10月已完成6.6118亿吨，DMO指标已达1.809亿吨。
2025年10月，印尼国内煤炭消费以电力行业为主，消费量747万吨，占DMO总量近66%，该领域煤炭价格仅每吨70美元；其次是冶金行业（冶炼厂），消费量298万吨；纸浆行业46万吨、水泥行业42万吨、Ǻ..
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