April 26, 2013
India imported around 125-130 million tons of coal in FY 2013
Increasing demand for coal in the country forced Indian
buyers to import more coal in 2012-2013 as domestic
supply did not match total demand.
During the FY 2013, nearly 127.
25...
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April 26, 2013
India imported around 125-130 million tons of coal in FY 2013
Increasing demand for coal in the country forced Indian
buyers to import more coal in 2012-2013 as domestic
supply did not match total demand.
During the FY 2013, nearly 127.
25 MnT of coal has been
imported (i.
e.
April 2012 – March 2013), as per Indian
custom data against 105 million tons in 2011-2012
Coal demand for the year 2013-14 is estimated at 769.
7
MnT and the total Indian coal production is estimated
to be 604.
6 MnT (including captive).
Thus, the estimated gap of 165.
14 MnT of coal will need to be met
through imports which is about 30% more compared to
current import.
Non-Coking Coal Market remains Stable
Prices for Indonesian material remain at same level due
to booked shipments till May.
"Movement in prices (up
and down) will be seen after May as Indonesia is fulfilling the supply orders till May end at same price level",
said an importer based in Mumbai.
Current price offers for RB1 (Sout
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