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FY16 PCI imports via Vizag Port drop moderate 28%

18 Apr 2016

PCI coal imports through Vizag Port in March 2016 were at 32,025 tons while in February 2016 these were at a mere 7,754 tons, showing a huge increase of more than 313% month-on-month, as per provisional data available with ICMW.

 

However, total PCI imports of the commodity for the entire fiscal of 2015-16 stood at 467,990 tons while the volume for the previous fiscal stood at 646,679 tons, showing a drop of 27.63% year-on-year.

 

In March 2015, however, volumes were at a hefty 120,041 tons.

 

Following is the monthly break-up of PCI coal imports via Vizag Port in 2015-16 and through 2014-15:

 

Month

2015-16 (in tons)

2014-15 (in tons)

April

45,485

65,570

May

47,579

24,165

June

56,275

22,919

July

22,178

60,219

August

21,998

95,866

September

109,634

Nil

October

69,760

32,216

November

32,522

6,306

December

Nil

118,597

January

22,780

Nil

February

7,754

100,780

March

32,025

120,041

Total

467,990

646,679

 

March 2016 imports comprised a single consignment from Canada at a unit price of Rs 4,818 ($70).

 

In February 2016, a single consignment arrived from Australia at a unit price of Rs 4,749 ($69).

The following table contains details of PCI coal imports via Vizag Port in March 2016:

 

PCI COAL IMPORT, VIZAG

Country Of Origin

Date

Item Description

Unit Price (in Rs/Ton)

 Unit Price (in $/Ton)

 Quantity
(in Tons)

CANADA

2-Mar-16

TECK CRO PCI SOFT COKING COAL

4,818

70

32,025

PCI COAL Total

32,025