Indian Coal Imports Down 8% M-o-M in Jul’17

India is the second-largest coal importer in the world. According to the data maintained by CoalMint Research, Indian coal import has fallen 8% M-o-M to 16.48 MnT in Jul’17.

Moreover, coal import in Jul’17 was lower than the coal imports of 19.06 MnT in Jul’16, recording a decline of 14% Y-o-Y.

The coal Ministry has stated that the fall in imports is largely on account of enhanced production by CIL, due to which the country has moved from a regime of coal scarcity to a coal surplus situation.

Total coal imports during Jan’17-Jul’17 has declined 12% to 121.56 MnT, compared with 138.46 MnT in Jan’16-Jul’16 period.

However, despite the growth in domestic coal supply, the gap between supply and demand of coal cannot be bridged completely as there is insufficient domestic availability of coking coal and power plants designed on imported coal will continue to import for their operation.

Grade-wise Coal Imports:
Non-Coking coal imports have decreased 17% M-o-M to 10.14 MnT in Jul’17, compared with 12.28 MnT in Jun’17. Coking coal imports increased 13% M-o-M to 4.73 MnT during the month.

Of the other major coal grades, Imports of Anthracite and Met coke have declined while, Pet coke import has increased 30% during the month.

Source: CoalMint Research, Customs data
Quantity in MnT

Major Coal Exporters:
Indonesia remained the top coal exporter during the month followed by Australia, South Africa, USA and Mozambique.

Indonesian coal export has fallen 22% M-o-M to 6.13 MnT in Jul’17, export in Jul’17 was also lower than the year ago value of 8.92 MnT in Jul’16.

Australia, the second-largest coal exporter, had recorded growth in their monthly exports by 33% to 4.39 MnT in Jul’17. Exports have also increased 11% Y-o-Y compared with 3.31 MnT in Jul’16.

South African Coal export in Jul’17 was 2.92 MnT, thus recording a decline on the monthly and yearly basis during the month.

Major Coal Handling Ports:
Mundra port handled majority of coal shipments during the month, followed by Krishnapatnam, Paradip, Gangavaram and Mormugao port.

The ports located in East coast region had received 8.94 MnT coal, while the West coast ports received the remaining quantity of 7.54 MnT in Jul’17.

Source: CoalMint Research, Customs data
Quantity in MnT

Major Coal receivers:
Adani Enterprise received highest coal shipments in Jul’17, followed by JSW Steel, which was the highest importer of Coking coal and Met coke during the month.

Jindal Steel and Power received highest shipment of Anthracite, while UltraTech Cement was the highest importer of pet coke during the month.

Source: CoalMint Research, Customs data
Quantity in MnT