India: Coal Imports Down 9% Y-o-Y in FY17

Yearly Coal Imports have fallen for the second year running since FY15.

India witnessed a decline in their yearly coal imports by 9% Y-o-Y to 200.03 MnT in FY17 (imports of Pet Coke not included). Coal imports have fallen for the second year in a row since achieving 233.19 MnT in FY15.

The government of India is constantly making efforts to substitute imported coal with domestic coal. Domestic coal production has been increased to reduce coal imports. As evident from the fact that Government run CIL and SCCL both have increased their coal production and Coal Dispatch in FY17.

However, Monthly imports in the month of Mar’17 has increased by 31% M-o-M to 18.31 MnT compared with 13.89 MnT in Feb’17, as Indian buyers were importing aggressively in order to increase their coal stock before the arrival of monsoon.

       Quantities in MnT
      Provisional Data

Grade-wise Coal Imports:
India majorly imports Non-Coking coal and Coking coal along with Anthracite and Met coke.

Non-Coking imports have fallen by 12% M-o-M to 147.57 MnT, besides coking coal imports also marginally fell during the year.

However, Yearly Imports of Anthracite and Met coke has increased by 36% and 46% respectively.

Source: SteelMint Research
Provisional Data
Quantities in MnT

Major Exporting Countries:
Indonesia is the major coal exporter to India followed by Australia, South Africa, USA and Russia.

Indonesian coal shipments to India have fallen 17% Y-o-Y to 97.48 MnT in FY17. Indonesian Non-Coking coal is most preferred by Indian Power sector, however, due to the downfall in Non-Coking coal, exports from the country has decreased.

Australia, second largest coal exporter, saw a marginal rise in their by 1% to 46.53 MnT in FY17. Australian Coking coal exports have increased by 6% Y-o-Y to 41.68 MnT in FY17.

South Africa, third-largest coal exporter, recorded decline of 9% Y-o-Y to 34.86 MnT in FY17.

Major Coal Receiving Ports:
West Coast-based Mundra Port handled the majority of coal shipments in FY17. The port received 30.34 MnT coal out of which 26.43 MnT was from Indonesia.

Other major coal receiving ports were Krishnapatnam, Paradip, Dhamra and Kandla.

Source: SteelMint Research
Provisional Data
Quantities in MnT

Major Coal Receiving Utilities:
Major coal receivers in FY17 were Adani Power, Adani Enterprise, JSW steel SAIL and OPG Gujarat Power.

Major Non-Coking coal receiver in FY17 was Adani Power which acquired 19.32 MnT from Indonesia, South Africa, Colombia and USA.

Major Coking coal receiver was SAIL which received 11.67MnT from Australia, USA, Canada, Mozambique and New Zealand.

Quantities  in MnT
Provisional Data