Coal Stock at Port

India: Coal Inventory decline at Ports

Combined Coal stock (Coking, Non-coking & Anthracite) at major Indian ports stood at 10.6 MnT, which shows decline at the end of week 24, regarding previous week.

As per the consideration of SteelMint, 16 major Indian ports have stock of around 1.9 MnT of Steel grade Coal. Coal at ports is showing a decline of 2.8% against previous week. However, Non-coking Coal stock at ports has risen by 8% to around 8.5 MnT.

Nearly, 20,914 MT of Pet Coke stocked at Krishnapatnam port, imported by Ultratech Cement. 4,000 MT of Anthracite stock is kept at Paradip port belongs to Balasore Alloys, Rawmet & IMFA.

Krishnapatnam port situated on East Coast of India had the highest Coal stock of around 2.5 MnT, which registered a decline of 2% regarding previous week. Stock quantities followed by Gangavaram port in terms of volume & stockpile 1.7 MnT. Whereas, Paradip & New Mangalore port had stock of around 1.7 MnT & 0.76 MnT respectively. Stock position at Tuticorin port has increased by 35% from previous week and reached at around 0.33 MnT.

Week 24

Adani, JSW Steel & MGB Commodities have the highest quantity of Coal stock i.e. about 1.8 MnT, 1 MnT & 0.6 MnT respectively. Total stock quantity of JSW is at Krishnapatnam, Goa & Mangalore port, while RINL has stock of around 0.45 MnT at Gangavaram port.

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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