Coal Stock Position at Major Indian Ports in Week 29

SteelMint assessed that by the end of week under review, total coal stock at major ports was 14.2 MnT, registering a decline of about 2% W-o-W. Kandla port has received highest quantity of coal stock in week 29.

In the week 29, total coal stock at major Indian ports was assessed at 14.3 MnT against 14.5 MnT in week 28. Non-coking coal contributed to about 82% of total stock rest being coking coal and anthracite.

Qty in MnT

Adani and Swiss Singapore together held about 13% of the total coal stock.  Stock held by Adani and Swiss Singapore at the end of week 29 was 1.1 and 0.7 MnT respectively.

Major Discharging Port

Kandla Port reportedly had the highest coal inventory of coking and non-coking coal, and anthracite. The stock at port increased by about 1.3% against previous week and was assessed at 2.9 MnT. The stock at Khrishnapatnam port in week 29 registered growth of about 3% and was assessed at 1.1 MnT, whereas Pipavav port registered a decline in coal stock of about 22% compared to last week.