Coal news and updates

No offer for G2 grade in March on coaljunction

There was no offer for G2 (GCV between 6,700 and 7,000 Kcal/kg) grade of coal through coaljunction in March 2016 as per data available with ICMW.

There was poor demand for G2 grade in February 2016 on coaljunction as out of the offered quantity of 40,000 tons, merely 1,580 tons were allotted at a weighted average price of Rs 4,870 per ton.

There was nil demand for G2 in January 2016 on coaljunction as there was no bid for the offered quantity of 1,000 tons.