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ALL INDIA INSTALLED CAPACITY

ALL INDIA INSTALLED CAPACITY

Thursday, April 14, 2011

Coal imports from South Africa rise 8%


India's imports of coal from South Africa rose 8% in the year ending March 2011, accounting for about 32% of the African nation's exports, according to data from mjunction Services Ltd.
South Africa supplied 20.2 million tonnes (mt) of the fuel in the 12 months ending March 2011 to India, up from 18.72 mt a year earlier, the Kolkata based trader said in an e mail. Imports gained less than expected after rising commodity prices prompted a 17% decline in purchases in the January to March quarter, it said.
Exports from Richards Bay terminal, Africa's biggest facility for the fuel, were slightly lower at 66.3 mt in 2010 against 66.6 mt in 2009, Societe Generale said in a report last month. Supplies may rise to 72 mt this year and 75 mt in 2012 as the country expands rail links. Indian imports jumped 17% to 47 mt last year, and may gain to 60 mt in 2011, it said.

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