Tag: Coal Traffic
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India: Elevated prices pull down thermal coal traffic at ports by 17% in FY’22 from pre-Covid year
Thermal coal traffic handled at Indian ports have dropped sharply in financial year 2021-22 (FY22) by 17% to 198.7 million tonnes (mnt) compared to FY20 (the pre-Covid year), CoalMint data reveals, because of weak demand sentiments brought on by escalated global prices in FY21. However, on a y-o-y basis, coal traffic rose slightly by 2%…