Industry

India’s coal import declines about 4% to 19 million tonnes in July

A view of a coal mine at Yellandu of Bhadradri Kothagudem District.

A view of a coal mine at Yellandu of Bhadradri Kothagudem District.   | Photo Credit: G.N. Rao

Of the total coal imports in July 2019, non-coking coal shipment was at 12.66 MT, coking coal’s was at 4.17 MT, among others

India’s coal import declined by 3.7% to 18.93 million tonnes (MT) in July this year from 19.67 MT in the same month a year ago.

Of the total coal imports in July 2019, non-coking coal shipment was at 12.66 MT, coking coal’s was at 4.17 MT, among others, according to a provisional compilation by mjunction services, based on monitoring of vessels’ positions and data received from shipping companies.

“Against a modest increase in import in June, volumes during July dropped because of softer demand for power during monsoon with thermal power generation falling 7.2% during the month,” mjunction managing director and CEO Vinaya Varma said.

However, with a fall in coal stock at power stations during July and August, imports may firm up in coming days, Mr. Varma said.

During the April-July period of the ongoing fiscal, the import of thermal coal was up 13.4% to 60.97 MT, against 53.76 MT reported for the same period last fiscal.

For coking coal, the volume imported during April-July of FY’20 was 17.73 MT, slightly higher than 17.25 MT imported during the corresponding period last financial year.

A joint venture between Tata Steel and SAIL, mjunction is a B2B e-commerce company and also publishes research reports on coal and steel verticals.

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Printable version | Apr 4, 2020 11:06:02 PM | https://www.thehindu.com/business/Industry/indias-coal-import-declines-about-4-to-19-million-tonnes-in-july/article29480785.ece

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