Coal news and updates

India’s imported coal stocks at 8 ports up 5.88 % w-o-w

June 17: India's imported coal stocks at eight ports -seven major and one private - provisionally increased 5.88% to 5.127 million tons (mt) as on June 13, 2014 against a quantum of 4.842 mt  recorded in June 6, according to data available with ICMW.

With this, the imported coal stocks at eight Indian Port were the highest in last four weeks.

The overall inventory of imported coal stocks in ports have gone up as a result of higher stocks in four major ports- V O Chidambaram, New Mangalore, Paradip and Kolkata-and one private port Mundra in the week ended June 13, compared to that of previous week (ended June 6), as per information available with ICMW.

The imported coal stocks in Paradip Port increased 2.88% to 1.212 mt on June 13, as compared to 1.178 in June 6. Of the total stock as on June 13, the stock of steam coal stood at 0.58 mt up from 0.54 mt as on June 6 whereas coking coal stock remained unchanged at 0.64 mt.

Imported coal stocks position at Mundra Port increased by 18.25% on June 13 to 0.745 mt compared to 0.360 mt on June 6. Of the total stock as on June 13, the port’s stock of steam coal stood at 0.58 mt up from 0.50 mt on June 6. The coking coal stock of the port too increased to 0.17 mt on June 13 as against 0.13 mt on June 6.

The following table gives break-up of port-wise imported coal stocks as on May 23, May 31 June 6 and June 13(in million tons):