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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)

 

Name of the company

Stocks as on Nov 30,2015

Stocks as on Oct 31,2015

Stocks as on Sep 30, 2015

Stocks as on Aug 31 2015

Stocks as on July 31 2015

Stocks as on June 30 2015

Stocks as on May 31 2015

Stocks as on April 30, 2015

Stocks as on Nov 30,2015

 
 

ECL

1.820

1.148

1.064

1.199

1.487

2.061

2.545

3.065

1.326

 

BCCL

3.218

3.289

3.371

3.597

3.865

4.082

4.139

4.283

3.299

 

CCL

6.168

5.417

5.381

5.8

6.411

7.553

8.354

9.481

6.639

 

NCL

3.887

3.829

3.732

4.135

4.227

4.408

4.518

4.57

1.403

 

WCL

3.723

3.432

3.336

3.613

4.174

4.996

5.569

5.229

3.891

 

SECL

7.639

7.438

7.389

8.379

9.416

11.028

11.675

12.174

6.498

 

MCL

7.192

6.984

7.299

8.084

9.579

11.102

11.753

12.528

10.329

 

NEC

0.159

0.16

0.147

0.168

0.204

0.218

0.22

0.209

0.043

 

CIL

33.806

31.697

31.719

34.975

39.363

45.448

48.773

51.539

33.428

 

SCCL

4.630

4.394

4.153

4.97

4.53

5.049

5.025

5.055

2.178

 

OTHERS**

0.218

0.288

0.319

0.268

0.494

0.899

0.557

0.357

1.480

 

 

38.654

36.379

36.191

40.213

44.387

51.396

54.355

56.95

37.086

 

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

** Excluding Meghalaya