India’s coal imports up 11.7% to 21 MT in Nov, demand likely to be subdued
The country registered an 11.7 per cent rise in coal imports to 20.95 Million Tonnes (MT) in November as compared to the year-ago period.
The country’s coal imports in November 2022 was 18.75 MT, according to data compiled by B2B e-commerce company mjunction services.
However, coal import in the April-November period of the current financial year dropped to 169.08 MT from 173.47 MT in the year-ago period.
There was reduction in coal imports due to ample domestic supply and a slowdown in demand after the festive season in October, mjunction MD and CEO Vinaya Varma said.
