Petcoke Import into India in Feb’16, the Second Highest in FY16

Petcoke import continued to dominate in India as import offers have been low to prompt buyers in the country to procure from international markets.

During Feb’16, a record quantity of 1,028,950 MT of imports entered into India, and that was slightly lower than the quantity of 1,071,000 MT, imported in Jan’16, according to SteelMint Research.

Region-wise import during Feb’16

Region Quantity(in MT)
Saudi Arabia 355,000
USA 388,800
South Africa 47,200
China 149,300
Others 88,650
Total 1,028,950

Source: SteelMint Research

Notably, the Jan’16 import was the highest in this fiscal, followed by the Feb’16 import.

Among the top importers for the month, Ambuja Cement, Shree Cement, Ramco Cement, Dalmia Cement, Ultratech Cement, JSW Steel were worth mentioning.

During FY16, a total of 8,957,950 MT of imports have landed at Indian portstill Feb’16, SteelMint Research shows.

Imports during FY16

Month Quantity (in MT)
Apr’15 850,450
May’15 478,800
Jun’15 617,870
Jul’15 862,450
Aug’15 957,910
Sep’15 811,100
Oct’15 854,550
Nov’15 793,100
Dec’15 631,770
Jan’16 1,071,000
Feb’16 1,028,950
Total 8,957,950

Source: SteelMint Research

 


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