India's thermal coal imports in the second quarter rose 14% year-on-year to 4340.<> million mt

India's thermal coal imports rose more than 14 percent in the second quarter of 2018 from a year earlier, an increase
in annual imports after two consecutive years of decline.

India's thermal coal imports in the second quarter rose 14% year-on-year to 43.
4 million mt

India's thermal coal imports rose to 43.
4 million mt in the second quarter ended June 30 from 37.
9 million mt a year ago, according to U.
S.
Fuels and Natural Resources.

This is India's highest quarterly import volume
in two years.
And with the increase in Chinese consumption, this is also the main driver
of the strong recovery of Australian benchmark coal prices this year.

Strong purchases brought India's imports in the first half of the year to 81.
9 million mt, up 13%
from 72.
3 million mt in the same period in 2017.

Heating coal imports are expected to remain stable
for the rest of the year due to bottlenecks in domestic logistics due to a lack of trains, regulatory changes to reduce pollution and a surge in electricity demand.

"Users of petroleum coke have turned to coal due to bans in some regions, regulations being considered in other regions, as well as logistical bottlenecks that are driving coal demand in India".

A veteran coal trader, Vasudev Pamnani, told Reuters that "imports will address any additional demand and India will support pricing
.
" ”

According to the data, in the second quarter, Indonesia accounted for more than 3/5 of India's thermal coal imports, while South Africa accounted for more than 1/5 and the United States, accounting for about 9%.

Adani Enterprises, India's largest coal trader, accounts for more than 14 percent of all imports, purchasing about 6.
23 million mt during the period, the data showed.

Tata Group imported 2.
16 million tonnes, while Aditya Birrla imported 2.
21 million tonnes and JSW Group imported 2.
14 million tonnes.

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