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According to the Australian Minerals Commission, India's thermal coal imports are likely to rise to 145 million tonnes in 2018, with the upward trend continuing
over the next four years.
India's thermal coal imports in 2017 were estimated at 137 million tonnes
, the report said.
India's thermal coal imports are likely to rise to 145 million tonnes in 2018
"After several years of declining imports, the outlook for India's thermal coal import demand is improving due to strong demand growth and domestic supply not keeping pace
," the report said.
”
Imports in both the fourth quarter of 2017 and the first quarter of 2018 increased significantly year-on-year, so imports are expected to increase in 2018 and this trend is expected to continue
.
Thermal coal imports will reach 150 million tonnes in 2019, while this figure could be as high as 155 million tonnes
in 2020, the report said.
India could import 160 million tonnes of thermal coal in 2021 and as much as 165 million tonnes
by 2022.
Of the 685 million tonnes of coal produced in India in 2017, 640 million tonnes were thermal coal
.
India's coal production has grown strongly since 2012, averaging 5.
1%
per year through 2017.
India's domestic thermal coal production will continue to grow, expected to reach 770 million mt
by 2020, the Australian Minerals Commission said.
After 2020, it is expected to increase by an average of 5% per year through 2030, and domestic thermal coal production will reach 1.
253 billion tons by 2030, which is equivalent to doubling
production from 2017 to 2030.
,
According to the Australian Minerals Commission, India's thermal coal imports are likely to rise to 145 million tonnes in 2018, with the upward trend continuing
over the next four years.
India's thermal coal imports in 2017 were estimated at 137 million tonnes
, the report said.
India's thermal coal imports are likely to rise to 145 million tonnes in 2018
India's thermal coal imports are likely to rise to 145 million tonnes in 2018"After several years of declining imports, the outlook for India's thermal coal import demand is improving due to strong demand growth and domestic supply not keeping pace
," the report said.
”
Imports in both the fourth quarter of 2017 and the first quarter of 2018 increased significantly year-on-year, so imports are expected to increase in 2018 and this trend is expected to continue
.
Thermal coal imports will reach 150 million tonnes in 2019, while this figure could be as high as 155 million tonnes
in 2020, the report said.
India could import 160 million tonnes of thermal coal in 2021 and as much as 165 million tonnes
by 2022.
Of the 685 million tonnes of coal produced in India in 2017, 640 million tonnes were thermal coal
.
India's coal production has grown strongly since 2012, averaging 5.
1%
per year through 2017.
India's domestic thermal coal production will continue to grow, expected to reach 770 million mt
by 2020, the Australian Minerals Commission said.
After 2020, it is expected to increase by an average of 5% per year through 2030, and domestic thermal coal production will reach 1.
253 billion tons by 2030, which is equivalent to doubling
production from 2017 to 2030.
,