VN Research & Consulting
 Like us on facebook  Follow us on twitter  Follow us on LinkedIn  IndiaNotes on Google Plus  IndiaNotes on Pinterest  IndiaNotes on Stumbleupon  Subscribe to our feeds

Stocks  A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
You are here : IndiaNotes >> Research & Analysis >> Industries >> Miscellaneous >> Research

Ports: Cargo volume declines 5.7% y-o-y

Motilal Oswal | 23 Sep, 2010  | Follow Author | Add to my Favourites 
  • Rate this article
    (Average Rating 0.0 Based on 0 ratings)

In August 2010, cargo traffic at major ports in India fell by 5.7% y-o-y to 42.8mt. Cargo traffic fell 4.5% sequentially.

Cargo volume declined in August as the monsoons picked up significantly, leading to 6% above normal rainfall in the month. In August 2009, monsoon levels were 27% below normal. In YTD FY11, cargo traffic at major ports grew 0.6% YoY to 226.9mt (against 225.5mt in YTD FY10).

Iron ore export ban hits volumes, POL, container traffic decline: All-India iron ore cargo declined by 32.4% y-o-y to 4.6mt from 6.7mt a year earlier owing to a ban on the export of iron ore by the Karnataka state government. Besides, POL cargo declined 8.7% y-o-y to 13.8mt and container cargo declined 2.6% to 8.3mt. Coal volume was up by 6.6% at 6mt and fertilizer cargo volume was up 63.4% at 2.2mt, on a lower base.

  Read full report Click here to read the full report

About Motilal Oswal

Motilal Oswal was founded in 1987 as a small sub-broking unit, with just two people running the show. Today it has a 2000 member team with a networth of Rs7 bn and market capitalization as of March 31, 2008 at Rs19 bn.


For more information please write in to [email protected]

Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.

Technical Calls

What are technical calls?

Other Articles

Have a question?