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

Next Story
Infrastructure Urban

What Industry Wants!

The construction industry is gearing up for Budget 2025 with high expectations. As one of India’s key economic drivers, the sector is eagerly anticipating reforms and policies to address pressing challenges such as high input costs, funding gaps, and sustainability demands. Industry leaders across real estate, infrastructure, construction materials, and logistics have shared their wishlists, urging the government to focus on GST rationalization, increased CAPEX, and green initiatives.This year’s budget presents an opportunity for the government to not only tackle existing bottlenecks but a..

Next Story
Infrastructure Urban

Messe Stuttgart, Startup India Tie-Up to Boost Funding

The logistics market in India is poised for significant growth, with a projected revenue of $357.3 billion by 2030. Despite this huge potential, a recent McKinsey & Company report highlights the decline in logistics funding following the pandemic that remains a significant concern. After receiving unprecedented funding of $25.6 billion in 2021, venture capital investment in logistics startups fell sharply to $2.9 billion in 2023—a nearly 90 per cent decrease, marking the lowest since 2015. This pullback from investors is attributed to several factors, including high interest rates, a glo..

Next Story
Infrastructure Transport

JK Tyre Strengthens Road Safety Commitment

Reinforcing its unwavering commitment to road safety, JK Tyre & Industries, a leader in the tyre manufacturing industry, partnered with the Delhi Traffic Police to organise a comprehensive Road Safety Awareness Week. This initiative, held as part of National Road Safety Month (January 1–31, 2025) spearheaded by the Ministry of Road Transport and Highways (MoRTH), aimed to foster responsible driving habits and reduce road accidents. Under the theme ‘Sadak Suraksha Jeevan Raksha,’ the initiative commenced on January 16, 2025, at the Delhi Police Traffic Training Park, BKS. The program feat..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000