India's coal import rises 50% to 19 million tonnes in June

India's coal import increased to 18.77 million tonnes in June, a 50% rise when compared to the same month last year. According to data from mjunction services, India imported 12.51 million tonnes of coal in June 2020.

Import of coal through major and non-major ports dropped by 5.76% in June over May this fiscal. The data is compiled by mjunction, which is a B2B eCommerce that publishes reports on coal and steel sectors.

"There was a modest decline in import volumes in June which was on the expected lines. This trend is likely to continue during monsoon as the seaborne prices remain at multi-year high levels. Meanwhile, some buyers shifted preference from imports to domestic coal. It is to be seen if they hold on to it when seaborne prices stabilise," Vinaya Varma, MD & CEO mjunction services said.


Out of all the imported coal in June, non-cooking coal increased from 8.28 MT last year to 13.05 MT. Coking coal also rose to 4.06 MT from 2.46 MT YoY.

Coal import in April-June this year was 60.97 MT, a 32.13% rise from last year (46.14 MT).