Coal news and updates

Imported coal stocks at 9 ports up 3.51% w-o-w

India’s imported coal stocks at nine ports stood at 8.92 mt on February 26, 2016, up 3.51% from 8.62 mt as on February 19, 2016, according to provisional data available with ICMW. The compiled ports were Mumbai, New Mangalore, Haldia, Marmagao, Paradip, Vizag, Krishnapatnam, Dhamra and Pipavav.

The highest volume of coal stocks was available at Paradip Port, at 2.24 mt, as on February 29, down 2.21% from 2.30 mt on February 19. At Krishnapatnam Port, the stocks decreased 14.66% to 1.66 mt in the fourth week of February from 1.95 mt in the previous week.

A significant growth was registered by Vizag Port, which increased 51.68% to 0.94 mt on February 29 as against 0.62 mt on February 19. A 7.01% increase was noticed at New Mangalore Port to 0.55 mt on February 26 from 0.58 mt on February 19.

Coal stocks at Pipavav Port increased 9.92% to 0.75 mt in the fourth week of February compared to 0.56 mt at the end of the previous month.

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