India: Coal Inventory at Ports rises by 10% W-o-W

Combined Coal inventory (Coking, Non-coking & Anthracite) at major Indian ports stood at 12.5 MnT, which shows a growth of 10% at the end of week 41.

As per consideration of SteelMint, 16 major Indian ports have comprise stock of around 2.7 MnT Steel grade coal, which  has increased by 9.7% against previous week. However, Non-coking coal stock has also shown a rise of 10.4% to around 9.8 MnT.

Nearly, 11,000 MT of Anthracite has stocked at Paradip port. Total quantity belongs to Balasore Alloys & IMFA. At the end of week, around 25,709 MT of Pet coke laid at Haldia & Krishnapatnam port.

Coal Stock at Ports

Paradip port has the highest coal stock of around 2.9 MnT, followed by Gangavaram port in terms of volume & stockpile 1.6 MnT. However, Kandla & Vizag port has stock of around 1.5 MnT & 1.2 MnT respectively. Stock position at Krishnapatnam port has increased by 35.7% from previous week and reached at around 1 MnT.

Adani, JSW Steel & SAIL have the highest quantity of coal stock i.e. about 1.4 MnT, 0.75 MnT & 0.55 MnT respectively. Total stock quantity of JSW is at Krishnapatnam, Goa & Mangalore port. While, Rawmet has stock of around 0.38 MnT at Krishnapatnam & Paradip port.

The ports considered are: Dahej, Mormugao, New Mangalore, Hazira, Kandla, Bhavnagar, Tuticorin, Magdalla, Pipavav, Muldwarka, Gangavaram, Haldia, Krishnapatnam, Kakinada, Paradip & Vizag.