The anthracite coal market in India has remained lackluster since long due to sluggish demand, despite strong international consumption. This is mainly because of the fact that the country’s end buyers prefer using alternate cheaper coal types over anthracite coal and there is also no prospect for any upturn in its demand in the near future.
In consequence of the sluggish demand prevailing in the country, imports have remained insignificant. A meager quantity of only 8,400 MT of anthracite coal was imported in India last month. The import consignment, received at Paradip port, was procured by Indian Metals & Ferro Alloys Ltd. (IMFA), according to data compiled by CoalMint Research.
Import offers for anthracite coal have remained at around USD 138/MT FOB Russia, which amounts to around USD 151/MT CNF India; unchanged from the preceding weekly assessments.
Source: CoalMint Research
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