Coal stock rises across several ports

Data from Interocean Group shows that coal stock across several ports in the country grew 5.8 percent
to about 10.8 million (mn t) as of May 3 compared to 10.27 mn t in the previous week.

The stock includes both thermal and coking coal. Of the 10.8 mn t, coking coal comprised 2.30 mn t, up from about 2.24 mn t a week ago. The company collected data from 16 ports across the country.

Paradip port on the east coast of India had the highest stockpile of about 2.6 mt marginally down from 2.7 mn t a week ago, followed by Krishnapatnam, which had about 2 mn t of stocks up from 1.2 mn t a week ago.

The highest stockpile of coking coal was found in the Haldia port on the east coast at 692,200 mn t, up from 625,100 mt a week ago, the data showed.

In March, India imported about 11.8 mn t of coal, of which about 2.1 mt was coking coal and the rest was steam coal.