Udayavni Special

India’s coal import drops 12 % to 181 MT in Apr-Jan


Team Udayavani, Feb 28, 2021, 1:01 PM IST

India”s coal import registered a drop of 11.59 per cent to 180.84 million tonnes (MT) in the first 10 months of the ongoing fiscal. The company had imported 204.55 MT of coal in April-January period of the previous fiscal year, according to provisional data compiled by mjunction services. mjunction — a joint venture of Tata Steel and SAIL — is a B2B e-commerce company and also publishes research reports on coal and steel verticals.

However, India”s coal imports in January increased to 20.05 MT as against 18.67 MT in year-ago period, it said. Commenting on the coal import trend, mjunction MD and CEO Vinaya Varma said, “There was a drop in January volumes as compared to the previous month (December). This was mainly due to the firmness in seaborne prices. While there is steady demand in the market, the import trend will largely depend on the movements in international prices, freight rates and also domestic supply.”

Coal import was, however, 7.4 percent higher in January 2021 as compared to 18.67 MT in the year-ago period. Of the total imports in January 2021, non-coking coal was at 12.77 MT, while coking coal import was 5.62 MT. During April-January 2020-21, non-coking coal import was at 119.84 MT as compared to 140.65 MT in the same period a year ago. Coking coal import was recorded at 39.16 MT, lower than 41.15 MT imported during the same period a year ago.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

India closer to building world’s biggest nuclear plant: EDF

States must jointly negotiate uniform Covid-19 vaccine price with manufacturers, says Chidambaram

BSY urges PM to supply 1,471 tonnes of oxygen and two lakh doses of Remdesivir

IAF airlifts empty oxygen containers to filling stations across India

Rahul raises questions on govt’s priorities after bids invited for central vista project

More data confirms single dose of 2 Covid vaccines can cut risk of infection

Norwegian climber 1st to test positive on Mount Everest




Related Articles More

Markets tumble as COVID woes pile up; post weekly losses

Xiaomi India to divert promotional funds towards COVID-19 relief

Ambani buys Britain’s iconic country club Stoke Park for 57 mn pounds

FM Sitharaman says looking at how best to sort out Cairn arbitration

S&P forecasts 11 per cent growth for India this fiscal, flags ‘substantial’ impact of broader lockdowns

MUST WATCH

Udayavani 23-April-2021 News Bulletin

D.K. district administration will be able to deal with the situation adequately for the next 15 days: Dr. Rajendra K.V

Mangaluru: 1 arrested in Surathkal animal cruelty case

Saligrama town Panchayat Dumping Yard protest

Fire broke out at Mangaluru Catholic Co-operative Bank

Latest Additions

Airlift oxygen, give adequate vaccines, allow Remdesivir imports: Thackeray tells PM

Would have taken part in COVID meeting between PM Modi, CMs had I been invited: Mamata

India closer to building world’s biggest nuclear plant: EDF

States must jointly negotiate uniform Covid-19 vaccine price with manufacturers, says Chidambaram

Mangaluru Police arrest history sheeter for conspiring to commit robbery, murder

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.