MARKETS

Indian power plant coal stocks near six-month low

COMBINED stocks of thermal coal at 100 Indian power plants stood at 26.15 million tonnes last wee...

Noel Dyson
Indian power plant coal stocks near six-month low

The commodities news services quotes the India’s Central Electricity Authority which says that is about three times the 8.87Mt of the same time last year, but at the lowest level since March 31.

The volume was 14.6% lower than the all-time high of 30.63Mt reached on August 23.

CEA’s data showed nine Indian power plants had less than a week’s supply of coal.

That is down from 47 at the same time last year and up from three a month ago.

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