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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

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

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).