Coal news and updates

Kolkata Jan steam coal imports drop 31% m-o-m

February 25: Steam coal import levels through the port of Kolkata dropped 31.32% to 175,564 tons in January 2015 against 255,613 tons in December 2014, according to provisional data available with ICMW.

In January 2014, imports were much lower at 4,266 tons.

Steam coal imports through the port in the first 10 months of the current fiscal were at 826,356 tons against a volume of 1,728,475 tons recorded in the same period of the previous fiscal.

Total imports of the material for the entire financial year of 2013-14 were at 1,735,675 tons. 

Following are the details of steam coal imports via Kolkata in 2013-14 & 2014-2015:

In January, the entire volume arrived from South Africa in a range of Rs 4,374 – Rs 5,686 ($69-89) per ton.

In December, however, 203,613 tons arrived from South Africa in a range of Rs 4,188 – Rs 5,485 ($67-86) per ton, 45,000 tons from Australia in a band of Rs 4,987 – Rs 5,508 ($80-88) per ton, while the balance 7,000 tons came in from the US at a unit price of Rs 6,815 ($107).