Combined Coal stock (Coking, Non-coking & Anthracite) at major Indian ports slightly raised by 3.7% to about 8.2 MnT during the week ended on 22 Mar, 2014 (16-22 Mar, 2014).
During the end of week, 16 major Indian ports stock around 1.6 MnT of Coking Coal, accessed by SteelMint. Stock quantity has declined by 37% than the preceding week. Non-coking Coal stock at Indian ports has increased by 27% to around 6.5 MnT.
However, it is noted that around 14,000 MT of Anthracite stock laid at Paradip port belongs to Balasore Alloys, Rawmet & IMFA. Krishnapatnam port has around 54,000 MT of Pet Coke, imported by Bharathi Cement from USA.
The week ended on 22 Mar 2014, JSW Steel, Adani & SAIL have the highest quantity of Coal stock i.e. about 1.2 MnT, 0.8 MnT & 0.6 MnT respectively. BMG Commodities has stock around 0.4 MnT at Krishnapatnam port.
Krishnapatnam port on the East Coast of India had the highest Coal stock of around 2.2 MnT which has increased by 9.7% from 1.9 MnT against previous week. Paradip was another port having highest Coal stock of around 1.5 MnT, which has slightly down by 2.7% than previous week.
Imported Coal Stock at Vizag port increased by 8.6% from 0.6 MnT compared to previous week.
The ports considered are: Dahej, Mormugao, New Mangalore, Hazira, Kandla, Bhavnagar, Tuticorin, Magdalla, Pipavav , Muldwarka, Gangavaram, Haldia, Krishnapatnam, Kakinada, Paradip & Vizag.
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