No substantial change in status of coal inventory at major Indian ports W-o-W. Adani and SAIL top holders of stock.
Major Indian ports were reported to hold about 16.6 MnT of total coal stock at the end of week 21. Non -coking coal stock in week 21 was assessed at 13.1 MnT against 12.9 MnT in the previous week whereas, coking coal stock registered a decline of about 3.3% compared to past week .
Coal Stock at Major Ports Week 20 & 21:
| GRADE | WEEK 20 | WEEK 21 | CHANGE in % |
| NON COKING COAL | 12.9 | 13.2 | 1.3% |
| COKING COAL | 3.5 | 3.4 | -3.3% |
| ANTHRACITE | 0.02 | 0.02 | 0% |
| TOTAL | 16.5 | 16.6 | 0.2% |
Qty in MnT
– Source: SteelMint Research
Alike last week, Adani and SAIL emerged the highest coal stock holders, quantities assessed at 1.3 & 1.1 MnT in week 21 against 1.5 & 1.3 MnT in week 20 respectively. Together they held about 14% of total coal stock.
Major Coal Stock Holder Ports in Week 21:
Paradip Port, with coal inventory of about 3.4 MnT in week 21 against 3.3 MnT in week 20, was reported to be the highest coal stock holder followed by Kandla and Vizag ports holding about 36% of the total stock combined.
– Source: SteelMint Research
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