Coal imports in India grew by 20% to 19.92 mt in May
COAL & MINING

Coal imports in India grew by 20% to 19.92 mt in May

India's coal imports increased 20.4% to 19.92 (mt) in May. In the previous fiscal year of May, the country imported 16.54 mt of coal.

According to mjunction services, import amounts of dry fuel are likely to remain subdued in the continuous monsoon season due to high freight rates, firm prices, and lower demand.

The coal import of India also grew 25.4% to 42.19 mt in the first couple of months of the current fiscal, compared to 33.63 mt of coal imported in the same period of the last FY.

Imports during May, non-cooking coal was at 13.64 mt, compared to 10.54 mt imported in the previous fiscal year.

Coking coal imports held at 4.41 mt, against 3.18 mt imported in May last fiscal.

Throughout April-May, non-coking coal import was at 28.96 mt, compared to 22.82 mt imported throughout the same period of the previous FY. Coking coal imports were reported at 9.15 mt, higher than 6.41 mt imported during April-May of the last FY.

Vinaya Varma, MD and CEO, mjunction, said that the fixed prices in the seaborne market linked with higher domestic coal availability led to a fall in imports in May every month.

He further informed that the import volumes are expected to stay subdued.

Image Source


Also read: Coal India exports 4,000 tonnes of coal to Bangladesh

Also read: India recorded a 30% surge in coal imports in April

India's coal imports increased 20.4% to 19.92 (mt) in May. In the previous fiscal year of May, the country imported 16.54 mt of coal. According to mjunction services, import amounts of dry fuel are likely to remain subdued in the continuous monsoon season due to high freight rates, firm prices, and lower demand. The coal import of India also grew 25.4% to 42.19 mt in the first couple of months of the current fiscal, compared to 33.63 mt of coal imported in the same period of the last FY. Imports during May, non-cooking coal was at 13.64 mt, compared to 10.54 mt imported in the previous fiscal year. Coking coal imports held at 4.41 mt, against 3.18 mt imported in May last fiscal. Throughout April-May, non-coking coal import was at 28.96 mt, compared to 22.82 mt imported throughout the same period of the previous FY. Coking coal imports were reported at 9.15 mt, higher than 6.41 mt imported during April-May of the last FY. Vinaya Varma, MD and CEO, mjunction, said that the fixed prices in the seaborne market linked with higher domestic coal availability led to a fall in imports in May every month. He further informed that the import volumes are expected to stay subdued. Image Source Also read: Coal India exports 4,000 tonnes of coal to Bangladesh Also read: India recorded a 30% surge in coal imports in April

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code