The domestic coal shortage in the country, that cropped up since August-end, led buyers to increase imported coal bookings which lifted increased thermal coal stocks at some Indian ports.
Amongst the various ports, Paradip Port saw stocks rise sharply by 48% w-o-w to 0.43 mn t in week 44 (24-28 Oct’21), CoalMint stock data reveals.
About 90% of the thermal coal is held by the end-users at Paradip Port. There has been a sharp rise of more than 200% w-o-w in thermal coal stock of Tata Steel at 0.12 mn t. This was followed by Arcelor Mittal at 0.09 mn t, Visa Steel at 0.06 mn t and Rungta Mines at 0.04 mn t.
Vizag Port recorded the second-highest rise in thermal coal stocks of 11% w-o-w to 1.7 mn t.
However, there has been a rise in portside trading activities due to a correction in imported thermal coal prices which resulted in a fall in coal stock of other Indian ports, including Kandla, Gangavaram, Mundra, and Krishnapatnam.
| Port | Week 43 | Week 44 | % Change |
| Vizag | 1.51 | 1.67 | +11 |
| Kandla | 1.81 | 1.66 | -8 |
| Gangavaram | 1.58 | 1.52 | -4 |
| Paradip | 0.29 | 0.43 | +48 |
| Krishnapatnam | 0.44 | 0.32 | -28 |
*Quantity in mn t
The total thermal coal stocks at Indian ports declined by 4% w-o-w to 12.3 mn t in the fourth week of Oct’21.
Company-wise thermal coal stocks at ports
| Party name | Week 43 | Week 44 | % Change |
| Adani Enterprise | 2.24 | 2.03 | -9 |
| Adani Power | 1.46 | 1.34 | -8 |
| Essar Steel | 0.69 | 0.72 | +4 |
| Agarwal Coal | 0.81 | 0.68 | -16 |
| Tata Steel | 0.38 | 0.46 | +18 |
*Quantity in mn t
About 81% of Adani Enterprise’s stock is at Gangavaram, Mundra, and Navlakhi ports while Adani Power has its entire stock at Dahej, Hazira, and Mundra ports.
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