India’s coal import declined by 3.7 per cent to 18.93 million tonnes (MT) in July this year from 19.67 MT in the same month a year ago.
Of the total coal imports in July 2019, non-coking coal shipment was at 12.66 MT, coking coal’s was at 4.17 MT, among others, according to a provisional compilation by mjunction services based on monitoring of vessels’ positions and data received from shipping companies.
“Against a modest increase in import in June, volumes during July dropped because of softer demand for power during monsoon with thermal power generation falling 7.2 per cent during the month,” mjunction managing director and CEO Vinaya Varma said.
However, with a fall in coal stock at power stations during July and August, imports may firm up in coming days, Varma said. Read More
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