Indian Non-coking Coal imports surges to 27% during Week 7

India’s total Non-coking Coal imports increased to 27% during week 7 which ended on 15 Feb, 2014.

SteelMint assessed that India has imported around 2.7 MnT of Non-coking Coal at the end of week 7, which has increased from 2.2 MnT of preceding week. Out of the total imported Coal, around 80% was Non-coking Coal comes from different destination.

India has imported around 2.5 MnT Non-coking Coal from Indonesia in the period of week 7 and registered a jump of 27% against the prior week.

Most of the Non-coking Coal is imported from Indonesia & South Africa. Out of the total weekly imports, India has imported around 0.18 MnT of Non-coking Coal from South Africa which belongs to leading Indian Coal traders like Adani Enterprises and Agarwal Coal. About 40,000 MT of Non-coking Coal imported from Australia which imported by Bhatia International.

Considering 33 major and minor Indian ports, Mundra has imported maximum quantity i.e. around 0.8 MnT of Coal. Contribution of quantity was given by Coastal Gujarat Power & Adani Power. Krishnapatnam is the second highest port imported around 0.3 MnT of Non-coking Coal belongs to many parties like Bhatia International, Coastal Energy, MBG Commodities, JSW Steels and Meenakshi Energy.

SteelMint assessed that Adani Power & Coastal Gujarat Power are the major importers of Non-coking Coal at the week ended on 15 Feb, 2014. Adani Power has imported around 0.5 MnT Coal and Coastal Gujarat Power has imported about 0.3 MnT Non-coking Coal from Indonesia.