Thermal coal stocks at major Indian ports remained largely unchanged at 15.2 million tonnes (mn t) during week 21 of 2021 (16-20 May’21), CoalMint’s stock report reveals.
Adani Power and Adani Enterprise top the list
Adani Power remained at the top amongst those having the highest quantity of thermal coal stocks at Mundra, Hazira and Dahej ports. Its inventory, in fact, recorded an increase of 3.8% week-on-week (w-o-w) to 2.74 mn t.
Adani Enterprises stood in second position on the list with an inventory of 2.11 mn t up by 6% w-o-w with majority stocks at Gangavaram (0.67 mn t) and Mundra ports (0.17 mn t).
Followed by Adani Enterprise, is Agarwal Coal that has a combined stock of about 1 mn t at Navlakhi, Magdalla, Kandla, Mangalore and Tuticorin ports.
Thermal coal stocks with Tata International stood at 0.2 mn t in week 21 as against 0.17 mn t in the previous week, while India Coke and Power stocks remained largely unchanged at 0.4 mn t.
Thermal coal stocks at Gangavaram port rises
Total thermal coal stocks at Gangavaram Ports have been recorded at 2.36 mn t in week 21 as against 2.21 mn t in the previous week, majorly due to an increase in Adani Enterprise’s inventory, while at Vizag Port, the same increased by 9% w-o-w to 1.19 mn t.
Stocks at Haldia port were largely unchanged at 0.41 mn t, while the same at Paradip Port, were up by 9% to 0.49 mn t mainly due to increased stocks of Rungta Mines. Thermal coal stocks at Mangalore Port moved up by 10% w-o-w to 0.21 mn t mainly due to increased stocks of India Coke and Power.
CoalMint’s vessel line-up reveals, Krishnapatnam is set to receive the highest volume of 0.74 mn t of thermal coal between 25-May-15 June, with coal coming from South Africa, Indonesia, and the U.S.
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