Coal import up 8% to 140.6 MT in April-Sept

NEW DELHI: India's coal import rose by 7.8% to 140.60 million tonne (mt) in April-September of the current financial year. Coal import was 130.34 mt in the year-ago period, according to data compiled by B2B e-commerce company Mjunction Services Ltd.

Overall, coal import demand is likely to remain modest due to the healthy stock position and high volumes being offered through spot e-auctions in the domestic market, mjunction MD and CEO Vinaya Varma said.

Coal import in September dropped by 10.09% to 19.42 mt from 21.60 mt in the corresponding month of previous fiscal.

Of the total imports in September, non-coking coal volume was 13.24 mt, against 14.88 mt in the year-ago month. Coking coal import stood at 3.39 mt, against 4.59 mt a year ago.

During the April-September period, non-coking coal import was at 91.92 mt, higher than 83.45 mt imported during the same period in the previous year. Coking coal import was at 28.18 mt against 29.44 MT.

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