Power generation in November decreased in India by 21TWH from October, reaching 126TWH. This is due to mild temperatures leading to lower heating and air conditioning-related demand. Hydro power production was only 7TWH in November, the lowest level of the past three years. This played a role in cushioning the drop in coal power generation.

Indian customs are also indicating a significant rise in met coal prices, exceeding $250/t during November. This surge in met coal prices is due to mining challenges in Australia and logistical constraints in Russia mostly. Further, thermal coal prices experienced a minor uptick, aligning with the resilient performance of sub-bituminous Indonesian prices.

The latest edition of the India Coal Monitor is now available! Feel free to request a copy at info@drybulkx.com.

This report is tailor-made for policymakers, energy and steel industry experts looking to navigate the ever-evolving energy and steel markets.

Key Highlights:

1) Comprehensive Coal Price Analysis

2) Insights into Thermal and Metallurgical Coal Imports/Exports

3) Overview of India's Power Generation, Coal Mining and Stockpile Trends

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