Coal Stock at Indian Ports Declined by 1% in Week 22

Coal inventory at major Indian ports in week 22 was assessed at 16.4 MnT with non-coking coal contributing to 80% of the total stock.

According to SteelMint’s latest research, coal stock at major Indian ports has registered a marginal decline by about 1% compared to the last week. Non-coking coal stock was about 13.1 MnT whereas coking coal was assessed at 3.2 MnT against 3.4 MnT in week 21, i.e. a downfall of about 6%.

Total Coal Stock at Indian Ports in Week 22

Grade Week 22 Week 21 Changes in %
Non-coking coal
13.14 13.15 -0.1%
Coking coal
3.25 3.4 -6%
Anthracite 0.02 0.02 0%
Total 16.41 16.57 -1.2%

Qty in MnT
Source: SteelMint Research

Ports with High Coal Stock
Paradip port reportedly had the highest coal inventory of coking & non-coking coal and anthracite. However, its stock declined by 2.5% against adjacent week and was assessed at 3.2 MnT. The stock at Kakinada port in week 22 registered growth of about 57% and assessed at 0.5 MnT, whereas Krishnapatnam port registered a decline of about 23% compared to last week.

2 june 15 ports

Source: SteelMint Research

Share of SAIL & Adani in Total Coal Stock in Week 22

2 june 2015 sail
Source: SteelMint Research

 

 


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *