XIAMEN, China, March 8 Reuters China39;s coal imports are expected to be little changed in 2024, despite expectations for an increase of 4 in demand for the polluting fuel, a senior executive of a staterun utility said on Friday.

Tepid growth in shipments by the world39;s top importer of the fuel could suppress global prices and worsen fears of oversupply, with Indonesia, the world39;s top exporter of coal, expected to further boost exports from record levels.

China39;s coal imports would range between 450 million and 500 million metric tons this year, said Wu Wenbin, the head of coal management for the utility, Guangdong Energy Group.

That compared with a 2023 record of 474.42 million tons, surprising analysts who had forecast imports of between 460 million and 470 million tons.

China39;s record imports and a surprise uptick in shipments by No.2 coal importer India helped balance coal markets in 2023. India39;s imports are expected to fall in 2024 for the first time since the pandemic year of 2020.

Indonesian coal exports are expected to rise 2.1 to 528.72 million tons, despite expectations for production to fall 8.4 to 710 million, said Hendra Sinadia, of the Indonesian Coal Mining Association.

Sinadia estimated higher exports as he projected a smaller share of output going to meet domestic fuel demand.

Guangdong39;s Wu expects shipments from Indonesia to fall to 200 million metric tons this year, while imports of Australian coal will return to a normal level of…