According to the data compiled by CoalMint Research, Indian Non-coking coal imports have increased 7% on the month to 13.77 MnT in Nov’17, compared with 12.89 MnT in Oct’17. On the yearly basis, Imports were 26% higher than the levels achieved during Nov’16.
Indian Non-coking coal imports have been falling this year on account of ample coal stocks available with the consumers, as well as enhanced domestic coal supplies from CIL. However, the sudden rise in thermal power generation in the wake of lower hydro and nuclear power output in Aug’17 had created coal availability scare in domestic market.
Available coal stocks at power plants started to dwindle, as domestic coal production was not sufficient enough to cater the growing coal demand.
Moreover, CIL’s monthly dispatch was higher than the corresponding coal production for most of the period in FY18, only in Nov’17 CIL’s coal production had outshined the dispatch for the month. Indian buyers were thus forced to turn towards import market to meet their demand.
Moreover, the decision to cut domestic coal supply for Non-power sector in order to augment coal supplies to power stations, has also contributed in enormous growth in coal imports. MCL had asked Non-power coal consumers to order for only 80% of the monthly scheduled quantity for Oct’17 and Nov’17, and has now carried forward that in Dec’17 as well.
As a result, Indian Non-Coking imports has rose 17% Y-o-Y to 38.86 MnT during the last three months (Sep’17-Nov’17), compared with 33.19 MnT coal recorded during the same period in 2016.
The possible ban on Pet Coke across 4 states in the country would mean one more mouth to feed, as the pet coke consumers especially Cement industry would have to use Non-coking coal to meet their demand. The verdict on the possible ban is expected to come later this month.
Major Non-coking Coal Exporters:
Indonesian coal export rose 19% M-o-M to 9.44 MnT in Nov’17, against 7.95 MnT in Oct’17. Export to India was also 33% higher on the year than 7.12 MnT coal received during Nov’16.
South African coal export increase 2% M-o-M to 3.03 MnT in Nov’17. On the yearly basis, exports increased 14% compared to 2.67 MnT in Nov’16.
USA was the third-largest coal exporter in Nov’17. Coal Shipments from the US fell 26% M-o-M to 0.72 MnT during the month, but had jumped 239% on the year compared with 0.21 MnT in Nov’16.
Source: CoalMint Research | Quantity in MnT
Major Non-Coking Coal Handling Ports:
Ports situated at the West Coast had received 7.70 MnT Non-coking coal in Nov’17, while the remaining imports of 6.07 MnT were handled by East coast based ports. In terms of highest coal received at a single port, Mundra port came out as the top, followed by Krishnapatnam, Hazira, Gangavaram and Paradip port.
Major Non-coking coal Receivers:
Adani Enterprise received the highest Non-coking coal shipments of 2.20 MnT in Nov’17. Adani Power, Coastal Gujarat Power, Agarwal coal and JSW energy were the other major coal receivers during the month.
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