Coal import drops by 19% to 117 MT in India

Coal import drops by 19% to 117 MT in India

During this fiscal period from April to October, India’s coal imports saw a decline of 18.6 percent to 116.81 million tonnes (MT) as compared with the same period a year earlier.

According to a preliminary compilation of mixing services focused on monitoring of vessel positions and data obtained from shipping firms, India imported 143.63 MT of fuel during the corresponding duration of FY 2019-20.

Mjunction, a 0.29 percent joint venture between Tata Steel NSE and SAIL, is a B2B e-commerce firm and also publishes coal and steel vertical research studies.

However in October of this year, the country’s coal imports increased to 21.50 MT as compared to 18.28 MT in the same month of the previous fiscal year, he said.

Non-coking coal was 14.46 MT of the overall import in October 2020. The import was 13.57 MT in October 2019. In October 2020, the import of cooking fuel at 4.92 MT, up from 2.79 MT imported in the same month last fiscal year. Non-coking coal imports amounted to 77.67 MT during the period from April to October of this year, compared to 98.73 MT in the same period a year earlier. Cooking fuel imports were registered at 23.89 MT during April-October, down from 28.63 MT imported during the same time a year ago.

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