Indian coking coal imports in 2018-19 up by 14% YoY - IPA

SOURCE: ARGUS
April 6, 2019

Geo Energy Group

Argus reported that preliminary data from the Indian Ports Association showed that Indian coking coal imports moving through 12 key state-controlled ports rose by 14.25% YoY in fiscal year 2018-19 beginning in April as steel capacity expansions lifted volumes. The total volume of coking coal handled by the ports from April 2018 to March 2019 was 57.5 million tonne, up from 50.34 million tonne for the same period a year earlier.


The IPA data do not include a breakdown of which countries exported the coal to India. Only nine of the 12 ports covered by the IPA data received coking coal shipments in the 2018-19 fiscal year.


The port of Kolkata handled the single largest share of coking coal imports during the period at 20.44 million tonne, a 52.5% increase from 13.4 million tonne in the previous year. This included 17.13 million tonne received at Haldia and 3.31 million tonne arriving at the Kolkata dock system.


Paradip imported the second-largest volume of coking coal in 2018-19 at 12.71 million tonne, but this was down from 13.17 million tonne in the previous year. Shipments to Mormugao in Goa state similarly fell to 6.07 million tonne from 8.51 million tonne previously. Coking coal imports at the port of Vizag were flat at 6.19 million tonne during the twelve-month period, but imports at Chidambaranar in Tamil Nadu rose by 72.5% to 4.64 million tonne. April-March volumes at Mumbai and New Mangalore were 4.09 million tonne and 1.51 million tonne, respectively. The port of Ennore received 1.08 million tonne of coking coal in 2018-19, while the port Deendayal imported 818,000 tonnes, but the ports of Chennai, Cochin and Jawaharla Nehru did not take any coking coal imports during the 12-month period.



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