Paradip’s pet coke imports surge 288% y-o-y in FY16
12 Apr 2016
Pet coke imports through Paradip Port in March 2016 were at 121,194 tons while the preceding month of February 2016 saw 47,252 tons of the commodity coming in, showing a sharp spurt of more than 156% month-on-month, as per provisional data available with ICMW.
Total volumes of pet coke imports in fiscal 2015-16 were at 398,921 tons against 102,745 tons recorded in the previous fiscal (2014-15), surging more than 288% year-on-year.
In March 2015, imports of pet coke via the port were nil.
Following are the details of pet coke imports via Paradip in 2015-16 and 2015-14:
Month |
2015-16 (in tons) |
2014-15 (in tons) |
April |
18,354 |
20,900 |
May |
21,410 |
15,750 |
June |
23,214 |
Nil |
July |
10,094 |
32,654 |
August |
28,500 |
Nil |
September |
10,000 |
16,154 |
October |
- |
Nil |
November |
28,544 |
Nil |
December |
74,924 |
8,788 |
January |
15,435 |
8,499 |
February |
47,252 |
Nil |
March |
121,194 |
Nil |
Total |
398,921 |
102,745 |
The following table contains details of pet coke imports via Paradip Port in March 2016:
PET COKE IMPORT, PARADIP |
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Country Of Origin |
Date |
Item Description |
Unit Price (in Rs/Ton) |
Unit Price (in $/Ton) |
Quantity (in Tons) |
SAUDI ARABIA |
2-Mar-16 |
PET COKE |
2,725 |
40 |
35,500 |
14-Mar-16 |
PET COKE |
2,469 |
36 |
53,685 |
|
SAUDI ARABIA Total |
89,185 |
||||
UNITED STATES |
15-Mar-16 |
PET COKE |
5,602 |
82 |
18,009 |
3,059 |
45 |
14,000 |
|||
UNITED STATES Total |
32,009 |
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PET COKE Total |
121,194 |
In March 2016, a volume of 89,185 tons arrived from Saudi Arabia at a price range of Rs 2469 – Rs 2,725 ($36-40) per ton and 32,009 tons from the US at a price band of Rs 3059 – Rs 5,602 ($45-82) per ton.
In February 2016, a volume of 12,252 tons arrived from Indonesia at a unit price of Rs 12,252 ($177) and 35,000 tons from Saudi Arabia at a unit price of Rs 2,646 ($39).