NEW DELHI: Coal stocks at 16 major Indian ports totaled 12.05 million mt as of September 25, down 3% week on week, according to Indian shipbroker Interocean’s data released Friday.
The stockpiles comprised 9.61 million mt of thermal coal, down 1.1% from 9.72 million mt the previous week, and 2.35 million mt of coking coal, down 10.5% over the same period from 2.62 million mt, the data showed.
The stocks for anthracite surged 81.3% to 29,000 mt from 16,000 mt, while petcoke stocks plunged 56.6% to 59,400 mt from 137,000 mt.
Paradip port on India’s east coast had the highest coal stocks as of September 25 at 2.71 million mt, rising 0.9% compared to the previous week.
It also had the highest coking coal stocks at 1.04 million mt, down 6.8% from the previous week’s 1.12 million mt. Kandla port on India’s west coast had the highest thermal coal stocks at 2.22 million mt, up 4% from 2.13 million mt the previous week, according to Interocean.
The 16 ports surveyed by Interocean were Mangalore, Tuticorin, Kakinada, Paradip, Kandla, Gangavaram, Visakhapatnam, Krishnapatnam, Muldwarka, Bhavnagar, Pipavav, Goa, Haldia, Magdalla, Hazira and Dahej.
