In November, India experienced a notable surge in long-haul thermal coal imports, with shipments from the United States peaking at 1.40 million tonnes (MT), marking the highest level in over a year. The information comes from energy intelligence firm Kpler, which reported that India’s total thermal coal imports for the month amounted to 17.51 MT, slightly lower than the 15-month high of 18.66 MT recorded in October 2023. Despite a month-on-month decrease, the data reveals a year-on-year increase of 6.92 MT.
Q: Why did India experience a surge in thermal coal imports from the US in November?
A: Long-haul coal cargoes from the US reached a two-year high at 1.40 MT, driven by India’s effort to import surplus domestic supply.
Q: How does the historical data reflect India’s thermal coal imports from the US?
A: Historical trends show fluctuations from 12.03 MT in FY18 to a peak of 14.37 MT in FY22, followed by a slight decline to 13.69 MT in FY23.
Q: What shifts occurred in India’s overseas thermal coal suppliers in 2022?
A: Indonesia emerged as the largest supplier, surpassing Australia and South Africa, while Russia overtook the US to become the fourth-largest supplier.
Q: What is the status of the US as a coking coal supplier to India as of October 2023?
A: The US is India’s second-largest coking coal supplier after Australia, with Russia holding the third spot. Shipments from the US increased by 9% year-on-year.
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