India’s coal imports – March update

In Mar 2024, India’s solid fuel imports grew 8.83% y-o-y to 23.59 MMT. Non coking coal imports grew by merely 4.94% to 15.12 MMT. But pet coke imports have grown sharply this year. In Mar 2024, they achieved a monthly record of 1.69 MMT a growth of 26.54% y-o-y. This follows strong growth of ~ 48% and 59% in Jan and Feb 2024. Coking coal and PCI also showed strong y-o-y growth.