Tag: Domestic supply crunch
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Indian thermal coal imports drop marginal 2% in Sept’21 on elevated prices
India’s thermal coal imports fell by 2% m-o-m to 9.32 million tonnes (mn t) in Sept’21. The drop was due to to the elevated global thermal coal prices. But, nonetheless, the drop was marginal because of the domestic coal shortage. As per CoalMint’s vessel line-up data, while imports from Indonesia rose 11% m-o-m to 5.85…