Coal news and updates

Imported coal stock at 8 ports drops 11.84% w-o-w

India Coal Market Watch

 November 17: India’s imported coal stocks at 8 ports were down 11.84% on a week-on-week basis to 8.174 million tons (mt) on November 13, 2015 from 9.272 mt recorded on November 6, according to provisional data available with ICMW.

The compiled ports were Mumbai, New Mangalore, Haldia, Marmagoa, Paradip, Vizag, Krishnapatnam and Pipavav.

 Pipavav Port had maximum stock out of the eight ports at 2.06 mt as in the second week of November, down 13.7% from last week’s coal stocks of 2.37 mt. Krishnapatnam Port held second position in terms of coal stocks. These stood at 2.042 mt on November 13, down 8.72% from 2.23 mt on November 6.

 Coal stocks at Marmagoa Port as on November 13 stood at 0.211 mt, down 22.14% from 0.271 mt as on November 6. This was the maximum week-on-week decrease out of all the ports compiled here. The second biggest decrease was reported by New Mangalore Port. It came down 16.13% to 0.65 mt from 0.77 mt. The coal stocks for other ports also decreased marginally.

 The following table gives port-wise break-up of imported coal stocks at various ports: