Coal Stock at Major Ports Descends by 4% in Week 35

Coking coal stock in week 35 at major Indian ports was assessed at 2.3 MnT, registering a decline of about 6 % against the previous week.

SteelMint assessed that by the end of week under review, total coal stock at major ports was assessed at 12.5 MnT, registering a decline of about 4% W-o-W. Non-coking coal stock in week 35 was assessed at 10.2 MnT, about 3% less than the previous week.

Qty in MnT
Source- SteelMint Research

Major Discharging Ports

Paradip Port reportedly had the highest coal inventory of coking, non-coking coal and anthracite. However, the stock at port decreased by about 5% against previous week and was assessed at 2.8 MnT. The stock at Khrishnapatnam Port in week 35 decreased by about 14% and was assessed at 1MnT, whereas Pipavav Port registered a decline in coal stock of about 23% compared to last week.

Source- SteelMint Research