Indian Coal Stock Ascends by 1.4% W-o-W at Major Ports

Coking coal stock up by 5% and non-coking coal stock was assessed at 12.9 MnT at major Indian Ports in week 20.

According to SteelMint’s latest research, total coal stock at major Indian ports has registered growth of 1.4%  against the previous week. The total coal stock, in week 20 was assessed to be 16.5 MnT against 16.3 MnT in week 19.

Non-coking coal stock constituted the major share, 12.9 MnT, of the total stock, but witnessed only a marginal rise of 0.8% against week 19. Coking coal was assessed at 3.5 MnT against 3.3 MnT in previous week contributing 21% of the total stock.

Coal Stocks at Major Indian Ports Week 19 & 20

1-Source: SteelMint

Ports with Highest Coal Stock

Tuticorin Port in West coast of India is reported to witness highest growth of about 39% in quantity of stock compared to previous week. However, Paradip Port was the one with the highest quantity of coal stock of 3.3 MnT this week against 3.4 MnT in week 19.

PORTS WEEK 19 WEEK 20 Changes
PARADIP 3,426,000 3,313,000 3%
VIZAG 2,915,947 2,967,151 2%
KANDLA 2,728,644 2,695,018 -1%
GANGAVARAM 2,200,000 2,280,000 4%
KRISHNAPATNAM 919,625 1,230,891 34%
TUTICORIN 648,920 900,095 39%
HAZIRA 627,000 533,800 -15%
HALDIA 613,300 523,700 -15%
MANGALORE 508,960 432,814 -15%
KAKINADA 309,600 368,000 19%
MAGDALLA 350,900 332,100 -5%
DAHEJ 312,300 285,800 -8%
PIPAVAV 202,000 206,000 2%
MULDWARAKA 205,000 200,000 -2%
GOA 235,149 196,000 -17%
BHAVNAGAR 151,000 127,000 -16%
Total Result 16,354,345 16,591,369 1%

Qty in MT
Changes in %
-Source: SteelMint

Adani & SAIL were the highest stock holders, at about 1.4 & 1.2 MnT coal respectively at the end of week. They together held about 16% of total coal stock.

 

 

 


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