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India’s Aug pithead vendible stocks rise 13.51% y-o-y

29 Sep 2015

India Coal Market Watch

September 28: India’s pithead vendible coal stocks rose 13.51% to 40.213 million tons (mt) on the last day of August 2015 against 35.425 million tons (mt) as on the last day of August 2014, according to provisional data available with ICMW.

However, on a month-on-month basis, India’s pithead vendible coal stocks fell 9.41% from 44.39 million recorded as on the last day of July 2015.

The increase could be attributed to higher pithead vendible stocks of Coal India (CIL) subsidiaries such as South Eastern Coalfields Limited (SECL), Eastern Coalfields Limited (ECL), Bharat Coking Coal Limited (BCCL), Central Coalfields Limited (CCL) and Northern Coalfields (NCL) where inventories rose to 8.37 mt, 1.19 mt, 3.59 mt, 5.80 mt and 4.13 mt respectively as on August 31, 2015 as against 3.98 mt, 1.02 mt, 3.12 mt, 5.65 mt and 1.91 mt respectively as on August 31, 2014.

Pithead vendible coal stocks at captive coal mines stood at 0.268 mt on August 31, 2015, down from 1.797 mt on the same day a year ago. Stocks at Singareni Collieries Company Limited (SCCL) increased to 4.970 mt on August 31, 2015 from 3.928 mt as on August 31, 2014.

The following table gives detailed break-up of pithead vendible coal stocks with coal companies as of July 31, 2015, June 30, 2015, May 31, 2015, April 30, 2015, March 31, 2015, February 28, 2015, January 31, 2015, April 30, 2014 and July 30, 2014 (in million tons):

PITHEAD VENDIBLE CLOSING STOCK (company-wise)

Sl. No.

Name of the company

Stock as on Aug 31 2015

Stock as on July 31 2015

Stock as on June 30 2015

Stock as on May 31 2015

Stock as on April 30, 2015

Stock as on March 31, 2015

Stock as on Feb 28, 2015

Stock as on Jan 31, 2015

Stock as on April 30, 2014

Stock as on July 31 2014

1

ECL

1.199

1.487

2.061

2.545

3.065

3.434

2.575

2

1.864

1.147

2

BCCL

3.597

3.865

4.082

4.139

4.283

4.497

4.024

3.654

3.514

3.298

3

CCL

5.800

6.411

7.553

8.354

9.481

9.702

7.947

6.989

8.075

5.163

4

NCL

4.135

4.227

4.408

4.518

4.57

4.908

2.952

1.923

5.705

2.74

5

WCL

3.613

4.174

4.996

5.569

5.229

5.499

4.619

4.232

5.617

4.813

6

SECL

8.379

9.416

11.028

11.675

12.174

12.817

9.988

8.95

6.624

4.53

7

MCL

8.084

9.579

11.102

11.753

12.528

12.53

11.606

11.076

13.954

10.638

8

NEC

0.168

0.204

0.218

0.22

0.209

0.215

0.152

0.126

0.203

0.139

9

CIL

34.975

39.363

45.448

48.773

51.539

53.622

43.863

38.95

45.556

32.468

10

SCCL

4.970

4.53

5.049

5.025

5.055

5.353

4.016

3.167

3.648

2.31

11

OTHERS**

0.268

0.494

0.899

0.557

0.357

1.007

1.066

1.24

1.692

2.004

TOTAL

 

40.213

44.387

51.396

54.355

56.95

59.982

48.945

43.357

50.9

36.782

Source : CIL,SCCL and Public and Pvt. Coal companies

** Excluding Meghalaya