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New Mangalore FY15 steam coal imports drop 52%

29 Apr 2015

April 29: Non-coking (steam) coal imports through New Mangalore Port fell drastically to 1,952,772 in financial year 2014-15 from 4,098,967 tons in 2013-14, resulting in a decrease of 52.36% y-o-y, according to provisional data available with ICMW

Moreover, non-coking coal volumes imported during March 2015 were down sharply by almost 82.04% to 31,947 tons, compared to 177,856 tons in February, 2015

In March 2014, non-coking coal imports via the port stood at 160,771 tons.

Following is the monthly break-up of non-coking coal imports via New Mangalore Port in 2014-15 and 2013-14 (in tons):

Month

2013-14

2014-15

April

5,06,233

2,53,837

May

4,86,499

1,64,368

June

4,98,883

3,80,838

July

5,92,611

3,26,505

August

84,712

1,26,430

September

2,80,928

1,57,002

October

1,79,655

1,37,599

November

1,63,883

40,500

December

5,01,826

67,500

January

2,08,960

88,390

February

4,34,066

177856

March

1,60,711

31947

Total (Apr-Mar)

40,98,967

19,52,772

In March 2015, the entire material came from South Africa at a price range of Rs 3,565-Rs 4,670 ($57-$74) per ton.

In February 2015, the entire material came from Australia at a range of Rs 4,130-Rs 5,553 per ton ($66-$89)

Following chart carries details of non-coking coal imports via New Mangalore Port in March 2015

NON COKING COAL IMPORT, NEW MANGALORE

Country Of Origin

Date

Item Description

Unit Price (in Rs/Ton)

Unit Price (in $/Ton)

Quantity (in Tons)

SOUTH AFRICA

18-Mar-15

STEAM (NON-COKING) COAL

4,158

66

10,000

19-Mar-15

STEAM COAL

3,565

57

19,947

30-Mar-15

STEAM (NON-COKING) COAL

4,670

74

2,000

NON COKING COAL Total

31,947