Coal news and updates

No offer of G13 grade coal in Mar on coaljunction

There were no offerings of G13 grades (GCV of 3,401 to 3,700 Kcal/kg) on coaljunction by Coal India (CIL) subsidiaries in March 2016, according to data available with ICMW.

On the other hand, very strong demand was witnessed for G13 grade as out of 515,000 tons offered by MCL for sale through the e-auction platform of coaljunction in February 2016, a volume of 472,390 tons got allotted at a weighted average price of Rs 1,101.

However, in December 2015 and January 2016, there were no offerings of G13 grades on coaljunction by CIL subsidiaries.