Coal Stock Updates at Major Indian Ports Week 34

 Pardip Port in ECI held highest quantity of coal stock in week 34 was assessed at 3 MnT.

At the end of the week under review, major Indian ports held about 13 MnT of total coal stock, registering a decline of about 4% against week 33. Non-coking coal stock in week 34 was assessed at 10.6 MnT against 11 MnT in the previous week; whereas, coking coal stock registered a decline of about 5% compared to past week.

Coal stock position in Indian Ports

Qty in MnT
Source- SteelMint

Ports with high coal stock

Paradip Port was reported to hold the highest coal inventory in week 34. However, the stock at port declined by about 5% against previous week and was assessed at 2.4 MnT. The stock at Bhavnagar Port in week 34 registered a growth of about 63% and was assessed at 0.1 MnT, whereas Magdalla Port registered a decline of about 24% compared to week 33.

Qty in (‘000) MT
Source- SteelMint

Adani and Swiss Singapore emerged as the highest coal stock holders; quantities assessed at 0.8 and 0.7 MnT in week 34 against 0.9 and 0.7 MnT in week 34 respectively. Together they held about 11.5% of total coal stock.