Author: Rituparna Ghosh
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India: Thermal coal stock at southern ports drop 12% on limited vessel arrival
CoalMint’s stock report reveals that thermal coal stock at three major southern ports, including Krishnapatnam, Mangalore, and Tuticorin have declined by 12% w-o-w to 1.99 million tonnes (mn t) during week 33 (8-12 Aug’21). Inventory reduction of major importers and end-users, coupled with decline in vessel arrivals due to escalated thermal coal prices, have contributed…