Coal news and updates

Nov spot allotment via other platform dips 28% m-o-m

India Coal Market Watch

December 23: The total offering of coal through spot auction conducted by CIL subsidiaries during November 2015 on the MSTC platform stood at 4.50 million tons (mt), steeply down by 5.46% compared to 4.76 mt, offered in October 2015, as per data available with ICMW.

There were no offerings in November under forward e-auction on this platform.

Out of the offered quantity through spot e-auction in November, 2.79 mt was allotted, down 27.91% month-on-month from 3.87 mt allotted in October.