India’s coal import likely to be subdued in coming months: Mjunction
India’s coal import is expected to be subdued in the coming months on account of various factors like the prevailing Covid situation, high coal stock in the system and higher international prices, according to mjunction.
mjunction a joint venture between Tata Steel and SAIL is a B2B e-commerce company and also publishes research reports on coal and steel verticals.
The country’s coal import fell 12.62 per cent to 215.92 million tonnes (MT) in FY21 from 247.10 MT in FY20, according to a provisional compilation by mjunction services, based on monitoring of vessels’ positions and data received from shipping companies.
India s coal import is expected to be subdued in coming months on account of various factors like prevailing Covid situation, high coal stock in the system and higher international prices, according to mjunction.
mjunction a joint venture between Tata Steel and SAIL is a B2B e-commerce company and also publishes research reports on coal and steel verticals. The country s coal import fell 12.62 per cent to 215.92 million tonnes (MT) in FY21 from 247.10 MT in FY20, according to a provisional compilation by mjunction services, based on monitoring of vessels positions and data received from shipping companies. The overall decline in coal imports during the year 2020-21 was on expected lines. In coming months, import demand is likely to be subdued in view of the surge in COVID-19 infections, high coal stock in the system and high prices prevailing in the international market, mjunction services MD and CEO Vinaya Varma said.
COVID-19 impact: India s coal import likely to be subdued in coming months
The country s coal import fell 12.62 per cent to 215.92 million tonnes (MT) in FY21 from 247.10 MT in FY20, according to a provisional compilation by mjunction services
PTI | May 2, 2021 | Updated 12:13 IST
India s coal import in March 2021 was at 19.79 MT as against 19.87 MT imported in the same month a year ago, mjunction said
India s coal import is expected to be subdued in coming months on account of various factors like prevailing Covid situation, high coal stock in the system and higher international prices, according to mjunction.
mjunction a joint venture between Tata Steel and SAIL is a B2B e-commerce company and also publishes research reports on coal and steel verticals.
India s coal import drops 14 pc in Apr-Feb FY21 indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
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 .