Coal news and updates

Imported coal stock at eight ports dip 8% w-o-w

India Coal Market Watch

December 18: India’s imported coal stocks at 8 ports decreased 8.11% on a week-on-week basis to 6.65 million tons (mt) on December 18, 2015 from 7.24 mt recorded on December 11, according to provisional data available with ICMW.

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

 Paradip Port had maximum stocks out of the 8 ports at 2.10 mt as in the third week of December, down 5.83% from the previous week’s stocks of 2.23 mt. Krishnapatnam Port held second position in terms of coal stocks at 1.96 mt on December 18, down 1.80% from 2.00 mt on December 11.

 Maximum drop was noticed by Paradip Port. The stocks came down 21.54% to 0.51 mt in the third week of December from 0.65 mt in the previous week (December 11). Stocks at Pipavav Port, as on December 18, stood at 0.12 mt, down 4.76% from 0.126 mt as on December 11.

Except Marmagoa Port, all the ports registered negative growth.

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