India coal imports: surge in domestic output trims reliance on imports

India’s non coking coal imports have reduced sequentially as compared to the monthly average of late 2023. But this is a seasonal effect as India’s domestic coal production and dispatch ramps up from the months of Oct to Mar and slows down from April to Sep. Also pet coke imports have been strond out of the gates in 2024 due to low prices and ample availability. This is the cement industry’s preferred fuel which has led to lower imports of non coking coal by the cement industry