Russian coal has embarked on a historic journey to India via the North-South Transport Corridor. Two trains loaded with coal traversed the eastern route of the corridor, passing through Kazakhstan and Turkmenistan before arriving at the Iranian port of Bandar Abbas. Despite this, Indian imports of Russian coal have fallen, while shipments from the U.S. have risen. Data from coal consultancy Bigmint shows that in the three months ending in May, Russian supplies became less competitive, leading to the decline in imports. Meanwhile, North Asia has seen gains in coal imports.
Indian imports of Russian #coal have declined while US shipments have risen in the three months ending in May, data from coal consultancy Bigmint shows, which traders attributed to Russian supplies becoming less competitive. https://t.co/AvBikwYStm
Indian imports of Russian coal fall, U.S. shipments rise https://t.co/gNcSrjTmZS https://t.co/J98qgZXJCX
#India: imports of Russian coal fall, U.S. shipments rise https://t.co/TVToVLm3LZ
China, India ease imports of thermal coal, but North Asia gains: Russell https://t.co/DM8UujZnZw https://t.co/x5wxJQSpI0
🇷🇺🇮🇳 RUSSIAN COAL EMBARKS ON HISTORIC JOURNEY TO INDIA VIA NORTH-SOUTH TRANSPORT CORRIDOR🚂 Two trains loaded with coal traversed the eastern route of the corridor, passing through Kazakhstan and Turkmenistan before arriving at the 🇮🇷 Iranian port of Bandar Abbas. The coal will… https://t.co/tpdjxD2nlo