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Coal imports decline to 14 million tonnes

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Coal imports in January 2017 stood at 14.31 million tonnes (MT) against 18.28 MT in January 2016, a decline of 21.7 per cent.

‘In the power sector, state utilities are planning to restrict imports, except coast-based plants by March 2017o mjunction CEO Vinaya Varma said.

‘In fact, spot steam coal prices firmed up by around eight-nine per cent in South Africa, and also rose marginally in Indonesia during the month,’ Varma added.

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