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Gangavaram’s Nov coking coal imports dip 44% m-o-m

15 Dec 2015

India Coal Market Watch

December 15: Imports of coking coal via Gangavaram Port stood at 352,978 tons in November 2015, down a moderate 43.98% month-on-month compared to 630,068 tons imported in October, according to provisional data available with ICMW.

For the first eight months (April-November) of the current fiscal (2015-16), coking coal imports via Gangavaram Port stood at 3,791,187 tons while 3,351,625 tons had been imported in the same period of the previous fiscal (2014-15).

Following are details of coking coal imports in 2015-16 and 2014-15 (in tons):

 

Month

2015-16

2014-15

April

4,66,413

349111

May

4,44,153

3,86,772

June

6,69,746

6,32,466

July

5,01,003

4,25,758

August

3,03,481

2,35,052

September

4,23,345

7,94,741

October

6,30,068

31,206

November

3,52,978

4,96,519

December

 

5,40,609

January

 

5,90,281

February

 

6,95,493

March

 

3,48, 497

Total (April-November)

37,91,187

33,51,625

Total (Apr-Mar)

37,91,187

51,77,394

 

In November 2015, the entire volume of 352,978 tons came in from Australia at a price range of Rs 5,157-Rs 6,203 ($78-$94) per ton.

 

In October 2015, out of the entire volume of 630,068 tons, 486,268 tons came in from Australia at a price range of Rs 6,138-Rs 6,736 ($82-$103) per ton, 69,300 tons from Mozambique at a price range of Rs 5,564-Rs 5,595 ($85-$86) per ton and 74,500 tons from the US at Rs 7,161 ($107) per ton.

 

Following are details of coking coal imports via Gangavaram Port in November 2015:

 

COKING COAL IMPORT, GANGAVARAM

Country Of Origin

Date

Item Description

 Unit Price (in Rs/Ton)

 Unit Price (in $/Ton)

 Quantity (in Tons)

AUSTRALIA

06-Nov-15

BLACK WATER SOFT COKING COAL

            5,157

                78

        52,095

GREGORY COKING COAL

            5,398

                82

     1,00,527

14-Nov-15

FRESHLY MINED AND WASHED ILLAWARRA A HARD COKING COAL BLENDOF 80% BULLI SEAM AND 20% WONGAWILLI SEAM COALS

            6,203

                94

        44,825

GOONYELLA MIDDLE SEAM COKING COAL

            6,061

                92

        53,613

PEAK DOWNS COKING COAL

            6,199

                94

        25,385

21-Nov-15

FRESHLY MINED AND WASHED ILLAWARRA A HARD COKING COAL (BLEND OF 80% BULLI SEAM AND 20% WONGAWILLI SEAM COAL

            6,203

                93

          3,785

23-Nov-15

BLACK WATER SOFT COKING COAL

            5,794

                87

        72,748

COKING COAL Total

    3,52,978