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Home Ports and Shipping

Coal stocks at 16 major Indian ports rise up 3.6% on week

byCustoms Today Report
16/09/2015
in Ports and Shipping
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MUMBAI: Coal stocks at 16 major Indian ports totaled 12.95 million mt as of September 11, up 3.6% week on week, according to data released Friday by Indian ship broker Interocean.

The stockpiles included 9.58 million mt of thermal coal, down 4.5% week on week, and 3.25 million mt of coking coal, up 38.7% over the same period.

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Anthracite stocks were unchanged at 13,000 mt, while petcoke fell 6.1% week on week to 104,400 mt.

Paradip port on India’s east coast had the highest coal stocks at 2.85 million mt, up 4.9% week on week. It also had the highest coking coal stocks at 1.23 million mt, up 14.3%.

Kandla port on India’s west coast had the highest thermal coal stocks at 2.07 million mt, down 11.3% week on week.

The 16 ports surveyed by Interocean were Mangalore, Tuticorin, Kakinada, Paradip, Kandla, Gangavaram, Visakhapatnam, Krishnapatnam, Muldwarka, Bhavnagar, Pipavav, Goa, Haldia, Magdalla, Hazira and Dahej.

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