Coal news and updates

Steam coal imports via Gangavaram falls 40.56% in June m-o-m

July 3: Steam coal imports via Gangavaram Port stood at 450,764 tons in June 2014, down 40.56% from 758,324 tons reported in May 2014, as per provisional information available with ICMW.  

During June 2013, steam coal imports via the port stood at 1,021,880 tons.

During the first three months (April-June) of the current financial year 2014-15, total steam coal imported through the port stood at 1,606,741 tons while the figure stood at 1,796,891 tons during the corresponding period of 2013-14.

Following are the details of imports in 2014-15 and 2013-14 (in tons):

During June 2014, 50,051 tons came in from Australia at a price range of Rs 4,516-Rs 8,081 ($75-$135) per ton, 132,304 tons came from Indonesia at a price of Rs 4,464 ($74) per ton while the rest of 268,409 tons came from South Africa at a price range of Rs 4,363-Rs 5,808 ($72-$96) per ton.

However, in May 2014, 140,632 tons came from Chile at a price range of Rs 3,101-Rs 3,522 ($51-$58) per ton, 161,122 tons came from Indonesia at a price of Rs 4,486 ($75) per ton while the rest of 456,570 tons came from South Africa at a price range of Rs 4,323-Rs 5,863 ($72-$96) per ton.