Coal imports through India's 12 state-run ports declined 14.45% from the previous month to 14.39 million tonnes in February, hitting a new low since September last year, showed the latest data from Indian Ports Association.
The volume was also 0.94% lower than the same month last year, data showed.
Thermal coal imports at these ports stood at 9.56 million tonnes, ticking down 0.45% year on year (YoY) and 13.86% month on month (MoM), while coking coal imports came in at 4.82 million tonnes, falling 1.91% YoY and 15.59% MoM.
Paradip port in East India received most thermal coal among all these ports in February, at 3.89 million tonnes, decreasing 7.67% YoY and 20.06% MoM.
Kolkata, also along the east coast, imported most coking coal in the same month at 1.20 million tonnes, falling 37.53% YoY and 44.84% MoM.
Imports at these ports totaled 175 million tonnes during the first eleven months of the fiscal year 2023-24 (April 2023-Jan 2024), up 2.35% from 171 million tonnes last year. Thermal coal imports stood at 116 million tonnes, down 1.25% YoY, and coking coal imports at 59.36 million tonnes, up 10.18% YoY.
The total coal handling volume at the 12 ports reached 745 million tonnes during the same period, up 4.54% from 712 million tonnes a year ago.
India's 12 state-owned ports are Kolkata, Paradip, Visakhapatnam, Ennore, Chennai, Tuticorin, Cochin, New Mangalore, Mormugao, Mumbai, Jawaharlal Nehru Port Trust (JNPT), and Kandla.
(Writing by yan.sun Editing by Alex Guo)
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