Author: Shivani Patil

  • India’s thermal coal inventories decline w-o-w on lower arrivals

    India’s thermal coal inventories decline w-o-w on lower arrivals

    Buyers continue avoiding aggressive bookings Weak steel demand pressures sentiment India’s thermal coal inventories at major ports declined 4.5% w-o-w in week 20 to 15.16 mnt from 15.87 mnt in week 19, indicating improved evacuation across key ports despite continued weak downstream demand. However, overall inventory levels remained elevated, reflecting comfortable supply conditions and cautious…