Coal news and updates

No offer for mixed grades in March on other platform

There were no offers was there for mixed grades of coal by CIL for allotment through MSTC in March 2016, as per data available with ICMW.

However, fair demand was witnessed for mixed grades offered by CIL for allotment through MSTC in February 2016 as out of 292,450 tons offered, 103,910 tons were allotted at a weighted average price of Rs 2,748 per ton.

Similar kind of fair demand was witnessed for mixed grades offered by CIL for allotment through MSTC in January 2016 as out of 297,200 tons offered, 112,600 tons got allotted at a weighted average price of Rs 2,889 per ton.