Indian Ports’ Weekly Coal Inventory at 12.8 MnT

The key Indian ports hold 12.8 MnT of Coking, Non-coking & Anthracite stock by the end of week 45. This shows a growth of 12% as compared to the previous week.

SteelMint analyzed that coal stock at East Coast based ports had fallen last week because of coal imports affected by cyclone. Currently, stock position at 16 major ports have recovered and shown a growth of 12% compared to previous week. East Coast inventory has registered a total growth of 16% against last week.

India’s major ports have current stock level of about 2.3 MnT Steel grade coal i.e. 16.4% higher against previous week. Non-coking coal inventory has increased by 11.2% to about 10.5 MnT as compared to previous week.About 14,000 MT Anthracite coal is stocked at Paradip port in week 45, which belonging to Balasore Alloys & IMFA.

Ports having Highest Stock

Paradip port has the highest coal stock of around 3.4 MnT, followed by Kandla & Gangavaram port in terms of volume & stockpile of 1.7 MnT and 1.5 MnT respectively. While, Vizag port has stocked about 1.2 MnT.

Major Coal Stock Holders

Country’s major coal importers such as Adani, JSW Steel and SAIL have the highest coal stock i.e. about 1.2 MnT, 0.53 MnT and 0.40 MnT respectively. JSW stocked its total quantity at Mangalore, Krishnapatnam & Goa ports. However, RINL has stock of about 0.40 MnT coal at Gangavaram port.

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