India: Coal Stock at Ports decline W-o-W

Total Coal stock that includes Coking, Non-coking & Anthracite at major Indian ports stood at 10.2 MnT, shows a slight downfall at the end of week 30.

As per the consideration of SteelMint, 16 major Indian ports have stock of around 2 MnT of metallurgical Coal, rise by 17.5% than previous week. Approx 8 MnT of power grade Non-coking Coal laid at Indian ports which registered a decline of 9.8% compared with previous week.

Almost 37,076 MT Pet Coke imported by Ultratech Cements, around 7,000 MT of Anthracite Coal stocked at Paradip port, which belongs to Balasore Alloys & IMFA.

East Coast based Krishnapatnam port had the highest Coal stock of around 1.8 MnT. Stock quantities followed by Paradip port in terms of volume & stockpile 1.7 MnT, which decreased by 3.9% compared to previous week. However, Gangavaram & Mangalore port had stock of around 1.6 MnT & 1 MnT respectively. Stock position at Haldia port has increased by 47.5% from previous week and reached at around 0.32 MnT.

Adani, JSW Steel, SAIL & MGB Commodities have the highest quantity of Coal stock i.e. about 1.5 MnT, 1 MnT 0.8 MnT & 0.5 MnT respectively. Total stock quantity of JSW is at Krishnapatnam, Goa & Mangalore port, while RINL has stock of around 0.43 MnT at Gangavaram port.

The ports considered are: Dahej, Mormugao, New Mangalore, Hazira, Kandla, Bhavnagar, Tuticorin, Magdalla, Pipavav, Muldwarka, Gangavaram, Haldia, Krishnapatnam, Kakinada, Paradip & Vizag.

Week 30


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