Indian Coal Imports Down 12% in H1 CY17

Indian coal imports have fallen by 12% in the first half of 2017.

India has imported 105.07 MnT during Jan’17-Jun’17, which is 12% lower than 119.4 MnT imported during Jan’16-Jun’16, according to the data maintained by CoalMint Research.

Surplus domestic coal availability in the country could be attributed to the reduction in coal imports. As coal being imported by power utilities for blending with domestic coal has been decreasing. Non-coking coal imports in India have fallen by 16% from 86.83 MnT during Jan’16-Jun’16 to 72.55 MnT during Jan’17-Jun’17.

On the monthly basis, Coal imports have decreased by 8% to 17.99 MnT in Jun’17. Imports in Jun’17 were also down by 16% from the level seen during the same month in 2016.

Reduction in Jun’17 coal imports was affected by Monsoon season and the confusion regarding GST implementation around the country.

Grade-wise Coal Imports in Jun’17:
India majorly imports Non-coking coal, followed by Coking coal, Met coke, Pet coke and Anthracite.

Imports of Non-coking coal, Met coke and Pet coke have fell during the month, while imports of Coking coal and Anthracite have increased in Jun’17.

Source: CoalMint Research
Quantity in MnT

Major Coal Exporters:
Indonesia remained the top coal exporter to India. Monthly export from Indonesia decreased 11% M-o-M to 7.91 MnT in Jun’17. Exports were also down by 13% Y-o-Y compared with 9.13 MnT in Jun’16.

Australia and South Africa were the second and third largest coal exporters during the month; however, exports from both these nations recorded a decline during the month.

Major Coal Handling Ports:
Mundra Port handled majority of coal shipments in Jun’17, followed by Paradip, Krishnapatnam, Gangavaram, Vizag and Hazira.

Ports located at East Coast handled 10.05 MnT coal in Jun’17, while the West Coast Ports handled the remaining quantity of 7.94 MnT during the month.

Source: CoalMint Research
Quantity in MnT

Major Coal Receivers:
Adani Enterprise acquired the majority of Coal shipments in Jun’17; the company received 2.08 MnT Non-coking coal during the month.

SAIL was the second largest coal receiver in Jul’17, also acquiring highest quantity of Coking coal.

JSW Steel and Essar steel received major shipments of Met Coke and Anthracite respectively, while Ultratech Cement came out as the top Pet coke importer in Jun’17.

Source: CoalMint Research
Quantity in MnT