India’s coal imports fell 4.4% year-on-year to 24.95 million tonnes (MT) in April, as surplus stock reduced buyer interest, despite soft seaborne prices.
🔴 Key Highlights:
- Non-coking coal imports declined to 15.90 MT, compared to 17.40 MT last year.
- Coking coal imports rose to 5.42 MT, up from 4.97 MT in April 2024.
- Domestic coal production increased by 3.6%, reaching 81.57 MT, strengthening India’s self-reliance.
- Coal India Ltd (CIL) produced 62.1 MT, remaining almost flat compared to last year’s 61.8 MT.
- CIL missed its FY24-25 production target, achieving 781.1 MT instead of the projected 838 MT.
📢 Industry Expert’s Take:
“Surplus stock has reduced buyers’ appetite for imported coal. This trend may continue until demand picks up before the festive season.” — Vinaya Varma, CEO of mjunction.
⚠️ Strategic Impact:
- India’s push for domestic coal production is reducing import dependency, strengthening energy security.
- Coal demand may rise ahead of the festive season, potentially stabilizing import volumes.
👉 What do you think? Will India’s coal imports continue to decline, or will demand rebound? Drop your thoughts in the comments!
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