This was the fastest growth among major suppliers, making Russia the second-largest exporter to India after Australia (2.94 million tons). US shipments totaled 0.82 million tons, down vs December but still higher year-on-year, while Indonesian volumes dropped steeply to just 0.13 million tons due to expected mining quota cuts.
Total Indian coking coal imports reached 5.9 million tons, a four-month high, as steelmakers rebuilt inventories ahead of the financial year-end demand cycle. Prices also moved higher amid Australian weather disruptions: average premium hard coking coal delivered CFR Paradip reached $250/t in January (+7.8% m/m). Russian premium coal rose to about $267.7/t by February 6, up 16% since the start of the year. Reduced Indonesian supply and Australian disruptions opened room for more Russian tons, which Indian mills see as a cost-control option without sacrificing quality. Russia’s coking coal exports to India rose 37% in 2025 to 9.7 million tons, with a further 10–15% growth forecast for 2026 depending on Australian recovery, US competition, and price trends.
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