CoalMint’s stock report reveals that thermal coal stocks at Mundra Port have declined to 1.83 million tonnes (mn t) in week 30, as on 22 Jul’21, down 13% w-o-w due to reduction in the inventory of a few importers and a lower number of vessels arriving at the port.
The inventory of Adani Power fell by 40% w-o-w to 0.60 mn t. Owing to less portside trade amid higher prices, inventories of several importers also remained largely unchanged from last week.
Thermal coal stocks at Gangavaram Port continued to be the highest with 3.08 mn t this week. CoalMint’s stock report reveals that Adani Enterprise accounted for the highest volume of stocks at the port at 1.05 mn t, followed by BSP, Indian Coke, and Swiss Singapore which jointly accounted for 1.48 mn t. RINL’s stocks were at 0.45 mn t.
Stocks at Vizag and Paradip ports were largely unchanged 2.22 mn t and 1.76 mn t, respectively, while the same at Krishnapatnam fell by 7% w-o-w to 1.68 mn t.
Coal stocks at Haldia Port fell to 1.39 mn t this week as against 1.47 mn t last week with the decline in inventory of SAIL (3% w-o-w) and Tata Steel (14% w-o-w).
At Kandla Port, thermal coal stocks were at 1.08 mn t due to a fall in the inventory of Mohit Minerals, Agarwal Coal and JSW Minerals.
| Port | Week 30 | Week 29 | Difference (in %) |
| Ex-Gangavaram | 3.08 | 2.96 | +4.15 |
| Ex-Vizag | 2.22 | 2.20 | +0.6 |
| Ex-Krishnapatnam | 1.68 | 1.81 | -7.28 |
| Ex-Mundra | 1.83 | 2.11 | -13.4 |
| Ex-Haldia | 1.39 | 1.47 | -4.94 |
*Quantity in mn t
Stocks of Adani Power decline 19% w-o-w
Thermal coal stocks of Adani Power were at 2.21 mn t, down 19% w-o-w with the major portion held at Hazira (1.01 mn t), Mundra and Dahej ports (0.60 mn t each).
This was followed by Tata Steel with 1.06 mn t held at Dhamra, Paradip, Haldia, and Mangalore ports. The company’s stockpiles recorded a decline of 13% w-o-w.
Stocks of Adani Enterprise, however, remained the highest at 3.29 mn t in week 30. Major portion of its stocks were held at Gangavaram Port (1.05 mn t), Krishnapatnam Port (1.06 mn t) and Mundra Port (0.73 mn t).
Following this was SAIL, with most of its stocks stationed at Haldia (0.98 mn t), Vizag (0.60 mn t), Dhamra (0.41 mn t), and Paradip (0.15 mn t) ports.
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