Anthracite Coal offers have remained unchanged at that the week-ago rates. Imports have, however, improved at bit.
The latest offer for Anthracite Coal is assessed at around USD 115/MT CFR India, unchanged from that the week last.
Source: CoalMint Research
However, imports of the coal in Jun’17 had increased by 96.54% over the imports in May’17, according to CoalMint Research. In the month under review, 184,547 MT of Anthracite Coal was imported in India; that was higher than the imports of 93,900 MT in May’17.
Source: CoalMint Research
On a year-on-year comparison, the imports during the month rose by 15.05% against the imports of 160,400 MT in the same month of the previous year.
A break-up of the countries of import during the month reveals that the imports were highest from Russia among all the importing regions, followed by Latvia.
| Quantity in MT | |||
| ORIGIN | Jun’17 | May’17 | Change(%) |
| Russia | 112,500 | 0 | NA |
| China | 11,000 | 0 | NA |
| Latvia | 61,047 | 85,500 | -28.60 |
| Vietnam | 0 | 8,400 | -100.00 |
| TOTAL | 184,547 | 93,900 | 96.54 |
Source: CoalMint Research
During the month under consideration, the Paradip port had handled the highest volume of import traffic, while, the Vizag port handled the second highest.
Source: CoalMint Research
The list of importers during the month was: Ankit Metal, Bengal Energy, Tata Steel, Rawmet Commodities, Bhushan Steel and Essar Steel.
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