Are coal imports on a comeback trail, with a question mark being raised over domestic coal production?
Suddenly, in a deviation from the problem of plenty, coal’s user industries are feeling the heat of a shortage since August. And there seems to be the hint of a scramble for imports once again, in a throwback to the scenario that prevailed 2 years or so ago. Well, the situation is definitely not alarming, but imports, as per Coal Insights’ research, are inching up. Many analysts aver that the recovery seen in September-October is likely to sustain till the year-end and into the first quarter (Q1) of calendar 2018.
Imported coal stocks are quite low at the moment. In fact, as late as November 16, 2017, the stocks of imported coal at the thermal power stations (TPS) were down 5.26 percent at 0.288 million tons (mt) compared to 0.304 mt as on November 9, 2017. On a y-o-y basis, the stocks were down 81.39 percent from 1.548 mt as on November 16, 2016. Further, the imported stocks on November 16, 2017 were down 24.8 percent from 0.383 mt on October 16, 2017 m-o-m.
In the thermal power sector, the number of plants facing critical coal stocks position of less than 7 days stood at 11, 11, 4 and 3 as on November 16, 2017, November 9, 2017, October 16, 2017 and November 16, 2016, respectively. The number of plants facing super-critical coal stocks position of less than 4 days stood at 11, 14, 22 and 0 as on November 16, 2017, November 9, 2017, October 16, 2017 and November 16, 2016, respectively.
In fact, 3 weeks up to November 9, 2017, coal stocks at power plants saw a week-on-week decline, a trend that was reversed only from November 16.
As per Central Electricity Authority (CEA) data, from September 27, 2017, stocks started dipping week-on-week. On this day, stocks were at 8.738 mt but on October 4, 2017 these dropped to 8.002 mt and since then, the inventory started declining steadily till October 26 (7.439 mt), recovering on November 2, 2017 to 7.871 mt. But the volumes declined again to 7.795 mt on November 9, 2017.
この記事は Coal Insights の November 2017 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Coal Insights の November 2017 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
SCCL's coal production up 64% in Q1
Coal production by SCCL during Q1 FY22 stood at 15.57mt, 64% higher than 9.50 mt achieved in Q1 FY21.
The UK to end thermal coal use in October 2024
The deadline to phase out coal from Great Britain’s energy system has been brought forward by a year as part of the UK government’s decision to go further in driving down emissions and tackling climate change.
Coal handled by major ports up 38.5% in Q1
The 12 major Indian ports handled 39.37 million tons (mt) of coal (thermal + coking) during April- June of FY22, up by 38.5 percent from 28.42 mt recorded in the corresponding quarter of FY21, according to data released by the Indian Ports Association (IPA).
Cement sector sees demand revival
Retail demand was under pressure during the first two months of FY22 with April and May production falling by 12 percent and 17 percent respectively month-on-month (m-o-m) as per Index of Industrial Production data.
Indian Railways' coal handling up 42% in Q1
Indian Railways in April-June of FY22 transported 157.78 million tons (mt) of coal, up by 42.4 percent from 110.80 mt handled in corresponding quarter of FY21.
CIL's coal production up 2.4% in Q1
Coal India’s (CIL) coal production during April-June quarter (Q1) of FY22 was up by 2.4 percent to 124 million tons (mt) as compared to 121 mt achieved during the same quarter last fiscal (FY21), according to (provisional) data released by the company.
India's May coal imports up 20% y-o-y
Coal and coke imports in May 2021 were up 20.44 percent year-on-year (y-o-y), according to import data available with Coal Insights. Imports rose to 19.92 million tons (mt) from 16.54 mt during May of previous year.
There is still a long way to go to squeeze coal out: BP
There are worrying signs that last year’s Covid-induced dip in carbon emissions will be short lived as the world economy recovers and lockdowns are lifted, says Bernard Looney Chief Executive Officer of BP in the recently published Statistical Review of World Energy 2021 published by the company.
“Growing Infrastrcuture is a big opportunity for OTR Tires in India”
India is now considered to be the largest market for Off-the-Road Tires (OTR) used in construction & mining industry. The opening up of the coal sector has provided further push to the potential usage of such tires. And Balkrishna Industries Ltd, a global player with diversified portfolio under the BKT brand across agriculture, industrial, construction, earthmoving, mining and port is set to seize the opportunity. Rajiv Poddar, Joint Managing Director, Balkrishna Industries Ltd., tells Arindam Bandyopadhyay of Coal Insights about the opportunities and outlook for the sector and the company.
SCCL's coal production up 69% in May
After putting up a dismal performance last year, Singareni Collieries Company Ltd (SCCL) has started the new fiscal on a high note. Coal production by SCCL in May 2021 surged to 5.44 million tons (mt), about 68.56 percent higher than 3.23 mt achieved in the same month last year, according to (provisional) data released by the company.
