Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

India's coal import declines 29 per cent in April.

Date: 08-05-2020
Subject: India's coal import declines 29 per cent in April
New Delhi: The country's coal import dropped by 29.1 per cent to 18.65 million tonnes in April due to the lockdown to contain the spread of coronavirus infection.

The government had recently asked power generating companies to reduce coal import for blending purpose and replace it with domestic coal.

The country imported 26.34 million tonnes (MT) of coal in April 2019, according to a provisional compilation by mjunction services based on monitoring of vessels' positions and data received from shipping companies.

Commenting on the coal import trend in April 2020, mjunction Managing Director and CEO Vinaya Varma said, "The prolonged lockdown across the world has impacted both demand and supply-side factors. Although spot prices have plunged to multi-year lows, tight liquidity situation has restricted volumes.

"However, there was sporadic buying by traders and consumers who anticipated phased easing of restrictions and a sudden spurt in post-lockdown industrial activity."

Coal import through ports is estimated to have decreased by 6.18 per cent in April 2020 over the previous month, mjunction services said.

Imports in March stood at 19.87 MT (revised).

Of the total imports in April 2020, the volume of non-coking coal was at 13.05 MT against 13.16 MT in March 2020. Coking coal imports stood at 3.3 MT in April 2020, lower than 4 MT a month ago.

Coal import in 2019-20 was at 247.1 MT, about 5 per cent higher than 235.35 MT fuel imported during FY2018-19.

Coal Minister Pralhad Joshi had earlier written to state chief ministers asking them not to import dry-fuel and take the domestic supply of fuel from Coal IndiaNSE 0.04 % Ltd (CIL), which has the fossil fuel in abundance.

Key coal consumer power sector is grappling with weak demand due to the lockdown and plants are operating at lower capacity, bringing down the demand for the coal.

To boost the coal demand hit by the lockdown, the government has announced a slew of measures like increased dry-fuel supply for linkage consumers. It has also announced several relief measures for CIL consumers, including the power sector.

Source:- economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Exim Help

What is New?

Date: 02-12-2020
Notification No. 43/2020-CUSTOMS (ADD)
Seeks to impose provisional anti-dumping duty on imports of Toluene Di-isocyanate (TDI) having isomer content in the ratio of 80:20, originating in or exported from European Union, Saudi Arabia, Chinese Taipei and UAE, for a period of six months.

Date: 01-12-2020
Notification No. 42/2020 -Customs (ADD)
Seeks to amend notification No. 21/2016-Customs (ADD) dated 31st May, 2016 to extend the levy of Anti-Dumping duty on Methylene chloride originating in or exported from China PR, up to and inclusive of 31st Jan, 2021.

Date: 01-12-2020
Notification No. 90/2020 – Central Tax
Seeks to make amendment to Notification no. 12/2017- Central Tax dated 28.06.2017.

Date: 01-12-2020
PUBLIC NOTICE NO. 31/2015-2020
Enlistment as designated port in Para 2.54(d)(iv) of Handbook of Procedure, 2015-2020

Date: 29-11-2020
Notification No. 89/2020 – Central Tax
Seeks to waive penalty payable for noncompliance of the provisions of notification No.14/2020 – Central Tax, dated the 21st March, 2020.

Date: 27-11-2020
Notification No. 109/2020-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg

Date: 27-11-2020
Circular No. 52/2020-Customs
Exports of Gems and Jewellery through Courier mode - reg.

Date: 27-11-2020
Notification No. 40/2020-Customs (ADD)
Seeks to impose Anti-Dumping duty on Fluoroelastomers (FKM) originating in or exported from China PR for a period of 5 years, in pursuance of sunset review final findings issued by DGTR

Date: 27-11-2020
Notification No. 41/2020 -Customs (ADD)
Seeks to further amend notification No. 49/2015-Customs (ADD), dated 21st October, 2015 to extend the levy of ADD on imports of “Front Axle Beam and Steering Knuckles meant for heavy and medium commercial vehicles” originating in or exported from China PR, for a period upto and inclusive of the January 31, 2021

Date: 26-11-2020
Notification No. 43/2020-Customs
Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 so as to prescribe BCD rate of 27.5% on Crude Palm Oil

Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.


C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001