Jan 2021 imports is down by 67% on YoY and down by 66% on MoM.
India’s import of MetCoke is stood at 101KT Jan 2021. India has imported 305KT in Jan 2020 and 293KT in Dec 2020 as per data maintained by the team at Iman Resources.
India’s import of metcoke has shown YoY positive growth in Sep, Oct, Nov and Dec 2020 after reporting YoY negative growth for 18 consecutive Months.
Imports of metcoke in CY 2020 stood at 2.64 Million Metric Tons (MMT) against 3.25 MMT in CY 2019 & 5.46 MMT in 2018.
Majorly Metcoke was coming to China in 2017 & 2018. due to higher duty on China origin Metcoke, Indian importer shifted to Poland, Colombia and Japan origin coke. China has lost high market share in India. In 2018, China has 44% share in Indian import which is down to 3% in 2020.
Source: Iman Resources