India’s Nov pithead vendible stocks rise 4.2% y-o-y
28 Dec 2015
India Coal Market Watch
December 28: India’s pithead vendible coal stocks rose 4.2% to 38.65 million tons (mt) on the last day of November 2015 against 37.09 mt as on the last day of November 2014, according to provisional data available with ICMW.
On a month-on-month basis, India’s pithead vendible coal stocks were up 6.24% from 36.38 mt recorded as on the last day of October 2015.
The increase could be attributed primarily to higher pithead vendible stocks of Coal India (CIL) subsidiaries such as Eastern Coalfields Ltd (ECL), Northern Coalfields Ltd (NCL) and South Eastern Coalfields Ltd (SECL) where inventories rose to 1.82 mt (1.33 mt on the same day last year), 3.89 mt (1.40 mt) and 7.64 mt (6.5 mt), respectively.
Pithead vendible stocks at captive coal mines dropped to 0.22 mt on November 30, 2015 from 1.48 mt on the same day a year ago. Stocks at Singareni Collieries Company Limited (SCCL) increased to 4.63 mt on November 30, 2015 from 2.18 mt as on November 30, 2014.
The following table gives detailed break-up of pithead vendible coal stocks with coal companies as of the last date of the months (April-November) for 2015-16 and on November 30, 2014 (in million tons):
PITHEAD VENDIBLE CLOSING STOCK (company-wise)
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Source : CIL,SCCL and Public and Pvt. Coal companies |
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** Excluding Meghalaya |