India Imported 7.6% More Coal in 2011

Bloomberg reported that total coal imports to India were up approximately 7.6% in 2011 over the previous year.

As quoted in the market news:

Overseas purchases of thermal coal rose 11.1 percent to 84.1 million tons in 2011 from 75.7 million in 2010, the coal newsletter said, citing calculations based on vessel positions at 25 major and minor ports in India.

Click here to read the full Bloomberg report.