Coal news and updates

Imported coal stocks fall at Paradip port

August 29: Total stocks of coking and steam coal at Paradip port on the eastern coast of India, as reported by the parties, decreased on August 29 compared to the level recorded on August 15, an official from the port said.

The stocks fell to 1.997 million tons (mt) on August 29 against 2.101 mt on August 15. Earlier, the stocks stood at 2.21 mt on July 15.

As on August 29, the port had stocks of 1.277 tons of steam coal and 0.720 tons of coking coal while on August 15, the port had stock of 1.444 tons of steam coal and 0.657 tons of coking coal.

Out of the total steam coal lying at the port on August 29, Adani had stocks of 50,000 tons, Bhatia had 96,000 tons and JSPL had 69,000 tons.

Out of the total stocks of coking coal as on August 29, SAIL had 167,000 tons, Tata Steel 36,000 tons and Visa had 48,000 tons whereas on August 15, SAIL had 138,000 tons, Tata Steel 40,000 tons and Visa, 17,000 tons.

On the other hand, as on August 29, 2013, stocks of imported coal (mainly steam coal) at Mumbai port, another leading port of the country, was at 90,987 tons, a senior port official said.