By 9.5% and reached to 18.33 million tonnes (MT), in the month of September 2017 the Coal import of the country increased. Previously for five continuous months, the imports were seen falling on a year-on-year basis when compared as there were fuel shortages in some power plants.
In September 2017 stood at 18.33 MT (provisional), data from m-junction services tells against 16.73 MT. m-junction service is together run SAIL and Tata Steel is an online procurement and sales platform.
After monsoon, the coal demand is reviving as per the online platform as winter is approaching the buyers want to increase the stocks. Recently in the country, the growth in coal-fired power generation has increased the coal demand increasing the need to import.
“The higher volume of coal and coke imports in September (9.6% YOY) is mainly due to a 1.1 MT increase in non-coking coal imports during the month under review. There was also an increase in non-coking coal imports in September 2017 on a month-on-month basis,” as per m-junction.
In September Mainly due to 1.1 MT increase in non-coking coal imports, the higher volume of coal and coke imports (9.6% YOY) during the month under review. In September 2017, there was also an increase in non-coking coal imports on a month-on-month basis,” said by m-junction.
In September, about 18.3 MT of coal was imported and 4.1MT was coking coal and 1.4 MT, 12 MT from that was non-coking coal was pet coke. In April 2017, India’s coal imports declined marginally to 19.08 MT as in April 2016 against 19.63 MT. as against 19.38 MT in May 2016 they fell to 18.38 MT in May 2017. The imports saw dropping to 18.22 MT from 21.50 MT June 2017 a year-ago. From 19.15 MT in July 2016, in July 2017 import was down at 14.64 MT. in the same month last year the coal import fell to 18.80 MT from 19.75 MT in August.
During 2016-17, the coal import was down by 6.37% at 191.95 MT because the Coal India Ltd had a higher production and led the country to have surplus coal. In the country, CIL makes about 80% of the coal production.