India's coal imports fall 5.83%, imports for power plant blending drop 35.23%: Coal Ministry
Bullish strength: 55/100
- Overall coal imports declined 5.83% year over year.
- Imports for domestic power plant blending dropped 35.23%.
- Imported coal's share of total consumption decreased from 21.20% to 19.30%.
Bearish strength: 45/100
- Coking coal imports remain necessary because domestic availability is constrained by quality and characteristics.
- Imports by imported coal-based power plants increased 0.98%.
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