Coal news and updates

No offer seen for ungraded coal in January e-auction

Ungraded coal was not offered in January 2016 by CIL subsidiaries for allotment through the MSTC platform, as per data available with ICMW.
 

However, very strong demand was witnessed for ungraded coal offered by CIL for allotment through MSTC in December 2015 as the entire offerings of 12,000 tons got allotted at a weighted average price of Rs 650 per ton.

Likewise, very strong demand was witnessed for ungraded coal offered by CIL for allotment through MSTC in November 2015 as the entire offerings of 12,000 tons got allotted at a weighted average price of Rs 648 per ton.