Monday 16 December 2013

Coal Stocks At 16 Indian Ports Rise 3% On Week To 10.6 Mil Mt



Stocks of imported coal at 16 major ports in India stood at 10.6 million mt as of December 14, up 2.9% from 10.3 million mt a week earlier, data released Saturday by shipbroker Interocean Group showed.


The stockpiles comprised 8.3 million mt of thermal coal, down 4.6% from 8.7 million mt a week before, and 2.3 million mt of coking coal, up 53% from 1.5 million mt the previous week, the data showed.


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


The Paradip port on the east coast had the highest coal stocks as of December 14 at 1.9 million mt, up 19% from 1.6 million mt the previous week.


Haldia port on east coast had the highest stocks of coking coal at 515,700 mt, down 10% from 575,950 mt a week earlier, Interocean data showed.


Source:-platts.com





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