India’s Nov thermal coal imports at 10 month-low as local output soars
India’s thermal coal imports fell to the lowest levels in 10 months during November, data from consultancy Coalmint showed, mainly due to a rise in domestic coal production.
The country imported 10.83 million tonnes of thermal coal in November, the Coalmint data showed, compared with 12.03 million tonnes in October and 9.45 million tonnes in November 2021.
Imports fell mainly due to higher production by state-run Coal India, which accounts for 80% of India’s coal output.
The world’s largest coal miner has seen output increase by a sixth to 412.6 million tonnes during the first eight months of this financial year, putting it on track to meet annual production targets for the first time since 2010.
