Coal news and updates

No offer for G1 grade in March on coaljunctions

There was no offer for G1 (GCV above 7,001 Kcal/kg) grade of coal through coaljunction in March 2016 as per data available with ICMW.

On the other hand, poor demand was witnessed for G1 grade of coal as out of offered quantity of 43,000 tons, only 1,500 tons were allotted through coaljunction in February 2016 at a weighted average of Rs 5,568 per ton.

There was no offering for G1 in January 2016 on coaljunction.