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Imports of met coke via New Mangalore shot up 221.55% in November m-o-m

24 Dec 2015

India Coal Market Watch

December 24: Imports of met coke via New Mangalore Port stood at 41,818 tons in November 2015, sharply rising 221.55% compared to 13,005 tons imported in October 2015, according to provisional data available with ICMW.

A volume of 46,575 tons of met coke had been imported via this port in November 2014.

Total met coke imports through the port during the first eight months (April-November) of 2015-16 stood at 299,551 tons against 247,291 tons in the same period of the previous fiscal.

Imports of met coke through the port in financial year 2014-15 stood at 310,460 tons.

Following is the monthly break-up of met coke imports via New Mangalore Port in 2014-15 and 2015-16 (in tons):

 

Month

2015-16 (in tons)

2014-15 (in tons)

April

89,981

66,078

May

21,466

45,689

June

58,987

 

July

47,060

49,500

August

27,234

27,500

September

 

4,990

October

13,005

6,959

November

41,818

46,575

December

 

 

January

 

36,320

February

 

26,849

March

 

 

Total (Apr-Nov)

2,99,551

2,47,291

Total (Apr-Mar)

2,99,551

3,10,460


 

In November 2015, entire material came from China at a price range of Rs 9,785-Rs 10,029 ($142-$152) per ton.

In October 2015, out the entire material, 13,000 tons came from China at a price range of Rs 9,901-Rs 10,022 ($152-$153) per ton and 5 tons came from Ukraine at a price of Rs 9,446 ($145) per ton.

The following table carries details of met coke imports via New Mangalore Port in November 2015:
 

MET COKE IMPORT, NEW MANGALORE

Country Of Origin

Date

Item Description

 Unit Price (in Rs/Ton)

 Unit Price (in $/Ton)

 Quantity (in Tons)

CHINA

9-Nov-15

LOW ASH METALLURGICAL COKE

            9,785

              148

          4,400

11-Nov-15

LOW ASH METALLURGICAL COKE

            9,394

              142

        27,418

18-Nov-15

LOW ASH METALLURGICAL COKE

          10,029

              152

          5,406

          10,029

              152

          4,594

MET COKE Total

       41,818