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Coal stocks at Indian ports rise 2% on week to 10.2 mil mt: Interocean

Imported coal stocks at 16 major ports in India stood at 10.2 million mt Saturday, up 2% from a week earlier, according to data released Saturday by New Delhi-based shipbroker Interocean Group.

Thermal/steam coal stocks stood at 8.2 million mt, up from 7.96 million mt the previous week, the data showed. Coking coal comprised 2 million mt, down from 2.1 million mt a week earlier.

The 16 ports surveyed Saturday were Mangalore, Tuticorin, Kakinada, Paradip, Kandla, Gangavaram, Vizag, Krishnapatnam, Muldwarka, Bhavnagar, Pipavav, Goa, Haldia, Magdalla, Hazira and Dahej.
Paradip port on India's east coast had the highest coal stocks at 2.2 million mt, down marginally from 2.3 million mt a week earlier. Krishnapatnam port on the east coast had the second-highest stockpiles at around 1.9 million mt, up from 1.8 million mt a week earlier.

Haldia port on the east coast had the highest coking coal stockpile at 705,800 mt, down from 752,600 mt a week earlier, the data showed.

Source: Platts