Coal news and updates

No offer for G2 grade in April on other platform

There were no offers for G2 grade (GCV ranging from 6,701-7,000 Kcal/Kg) coal by CIL for allotment through MSTC in April 2016, as per data available with ICMW.

Poor demand was witnessed for G2 grade coal offered by CIL for allotment through this platform in March 2016 as out of 40,000 tons offered, only 2,780 tons got allotted at a weighted average price of Rs 4,870 per ton.