Commodity Market Report
India coal short-term outlook March 2019: could 2018 growth be repeated?
Report summary
India’s electricity demand from utilities increased by only 1% or 2.2 TWh year-on-year in January-February, which was met by hydro and renewables. Lower nuclear in the past few months supported thermal generation, but overall it declined 1.3% to accommodate weaker demand coupled with higher renewables and hydro generation. However, coal imports received support from the realisation of tenders and non-power sector demand. Higher domestic production meant that the coal stocks increased at mine sites and at the power plants. In this report, we discuss how these factors will affect the coal imports in Q2 2019.
Table of contents
- Seasonally slow demand growth and improved production ease spot prices
- Decline in coal demand from power generation more than offset by increase in non-power demand
- Carbon conversion to cause volatility in coal demand in India
- Domestic production shows strength
- Third auction for SHAKTI coal contracts announced
Tables and charts
This report includes 11 images and tables including:
- CIL performance in the spot market
- CFR India prices of imported coal
- Key thermal prices - history/forecast, nominal US$/t
- Key met prices - history/ forecast, nominal US$/t
- Monthly coal-fired generation
- Monthly hot metal and steel production
- Domestic coal stocks at power plants
- Imported coal stocks at power plants
- CIL raw coal production
- CIL coal despatches
- Seaborne thermal imports by origin
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
India coal short-term outlook April 2024
Indian coal production touched 1 billion tons in the financial year 2023-24
$5,000
Commodity Market Report
China coal short-term outlook April 2024
Could stimulus policies support the demand and prices in the long term?
$5,000
Commodity Market Report
Global Thermal Coal Strategic Planning Outlook H1 2024
Thermal coal demand in terminal decline though new project blood needed long-term
$10,000
