Coal news and updates

No offerings for mixed grades in January e-auction

There was no offering for mixed grades in January 2016 on coaljunction, according to data available with ICMW.

However, there was better demand for mixed grades in December 2015 on coaljunction as out of the 85,900 tons of offered quantity from Western Coalfields (WCL), 52,480 tons got allotted at a weighted average price of Rs 3,316 per ton.

However, there was strong demand for mixed grades in November 2015 on coaljunction as out of the offered quantity of 87,300 tons by WCL, a quantity of 79,220 tons got allotted at a weighted average price of Rs 1,634 per ton.