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Paradip Port’s FY16 coking coal imports decline 20%

12 Apr 2016

As with steam coal, import volumes of coking coal through the port of Paradip too moved down a moderate 38.23% to 538,521 tons in March 2016 against 871,845 tons in February 2016, according to provisional data available with ICMW.

 

With the addition of the March 2016 figures, total coking coal imports in fiscal 2015-16 dropped 20.48% year-on-year to 7,233,841 tons against 9,097,177 tons recorded in the previous fiscal (2014-15).

 

Imports of coking coal in March 2015 stood at a higher 785,837 tons.

 

Following are the details of coking coal imports via Paradip Port in 2015-16 and 2014-15:

 

 

Month

2015-16 (in tons)

2014-15 (in tons)

April

719,166

538,031

May

599,318

332,659

June

654,548

438,087

July

419,553

1,156,755

August

658,280

2,187,101

September

438,242

636,305

October

828,751

428,268

November

426,109

501,683

December

569,870

441,277

January

509,638

1,276,859

February

871,845

374,315

March

538,521

785,837

Total

7,233,841

9,097,177

 

Following table contains details of coking coal imports via Paradip Port in March 2016:
 

 

COKING COAL IMPORT, PARADIP

Country Of Origin

Date

Item Description

 Unit Price (in Rs/Ton)

 Unit Price (in $/Ton)

 Quantity (in Tons)

AUSTRALIA

2-Mar-16

COKING COAL

            5,635

                82

        29,200

4-Mar-16

COKING COAL

            5,367

                79

          1,425

            5,965

                88

          2,074

            6,284

                92

          1,985

            6,765

                99

          2,742

8-Mar-16

COKING COAL

            5,737

                84

        55,000

9-Mar-16

COKING COAL

            5,735

                84

        19,011

10-Mar-16

COKING COAL

            5,611

                83

        60,417

            5,903

                87

        62,999

11-Mar-16

COKING COAL

            5,481

                81

        30,000

            5,481

                81

        10,000

15-Mar-16

COKING COAL

            5,248

                77

        22,164

            5,248

                77

        27,000

16-Mar-16

COKING COAL

            4,558

                67

        40,000

            5,429

                80

        61,404

21-Mar-16

COKING COAL

            5,439

                81

        48,000

23-Mar-16

COKING COAL

            5,438

                81

        22,500

            5,736

                85

        22,400

29-Mar-16

COKING COAL

            6,163

                91

          2,509

            6,636

                98

          2,238

            7,494

              111

          2,630

            8,408

              125

          3,043

            8,976

              133

          1,229

            8,976

              133

          2,792

            9,541

              141

          4,548

            8,977

              133

          1,212

COKING COAL Total

     538,521

 

In March 2016, all the import consignments came in from Australia in a range of Rs 5,558 – Rs 9,541 ($67-141) per ton.

 

In February 2016, however, imports comprised a volume of 741,803 tons from Australia in a range of Rs 5,126 – Rs 7,750 ($74-113) per ton, 46,950 tons from New Zealand at Rs 5,610 ($82) per ton, 22,858 tons from Canada at Rs 5,501 ($80) per ton, 12,151 tons from Mozambique at a unit price of Rs 5,258 ($77) and the balance 48,083 tons from the US at a price band of Rs 6,411 – 6,458 ($94) per ton.