Coal news and updates

Kolkata Port’s Nov anthracite imports down 12% m-o-m

India Coal Market Watch

December 14: Anthracite coal imports through the port of Kolkata in November 2015 were at 15,020 tons while in October 2015 there were at 17,000 tons, dropping 11.64% month-on-month, as per provisional information available with ICMW.

In November 2014, a volume of 23,512 tons had been imported.

With the November figures, total imports of the material in the first eight months of the current fiscal of 2015-16 dropped 7.08% to 119,011 tons compared to 128,087 tons seen in the same period of the previous fiscal.

Anthracite imports, through this port, in general, have shown an erratic trends this fiscal so far.

Imports for fiscal 2014-15 were at 160,627 tons.

Following is the break-up of anthracite coal imports via Kolkata Port in 2015-16 & 2014-15:

In November 2015, a volume of 15,000 tons came in from Russia at a price range of Rs 5,356 – 5,394 ($80-81) per ton and the balance 20 tons from Vietnam at a unit price of Rs 37,564.

In October 2015, however, all the consignments came in from Russia at a unit price of Rs 6,047 ($91) per ton.