Coking Coal Imports in India Sink by 13.7% in Aug’16 Y-o-Y

In non-conformity with the general expectation arising on account of vigorous steel production, Coking coal imports into India in Aug’16 had actually fallen in comparison with that in Aug’15 as well as in July’16.

During Aug’16, Coking coal imports into the country totalled 3.71 MnT, which was lower by around 13.7% in comparison with that, at 4.3 MnT, in the corresponding month of the preceding fiscal.

Imports during the fifth month of FY17 also were lower by around 8% than the imports in the fourth month of the fiscal, at 4.04 MnT.

During the month under review, Australia accounted for the largest share in the imports, followed by Canada.

ORIGIN QUANTITY(in ‘000MT)
AUSTRALIA 3,711
CANADA 161
RUSSIA 39
USA 78
GRAND TOTAL 3,989

cokingcoalimportsAug

 

Source: CoalMint Research

Among the various ports in the country, the Mormugao port had handled the highest volume of the imports during the month under consideration.

PORT OF DISCHARGE QUANTITY(‘000MT)
Mormugao 879
Dhamara 795
Paradip 600
Gangavaram 512
Vizag 465
Haldia 410
Jaigarh 25
Mundra 25
TOTAL 3,711

Source:  CoalMint Research


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