Coal import rises 41% to 25.23 MT in July, demand to be buoyant: mjunction

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Coal import rises 41% to 25.23 MT in July, demand to be buoyant: mjunction - Business Standard

Quick Summary:

Coal import also rose to 100.48 MT in the April-July period of the ongoing fiscal from 89.11 MT a year ago, it said.mjunction MD & CEO Vinaya Varma said the import demand is likely to be buoyant in coming weeks, ahead of the festive season next month.

India's coal import rose by 40.56 per cent to 25.23 million tonne (MT) in July, according to data compiled by B2B e-commerce platform mjunction services.

Of the total imports in July, non-coking coal's share stood at 16.52 MT, against 10.16 MT imported in the same month a year ago.