Coal Price

India's record domestic output of coal has eased tight inventories at power plants, to an average 12 days' supply at the end of 2022

Steel-makers are in for better times from the second half of the current fiscal as lower input cost and robust domestic demand will ease their margin pressure and lift operating margins to over 25 per cent, as per a report. The industry was hit by high input costs in the first quarter and is still under pressure in the ongoing second quarter, the rating agency said in the report. As a result, their operating margins of primary steelmakers are likely to fall to 14-16 per cent in the first half of this fiscal -- massively down from 30 per cent last fiscal, which was a decadal best -- due to high input costs, lower realisations and imposition of export duty on finished steel products, among other reasons, Crisil added. However, from the second half onwards the margin pressure is expected to ease due to lower production costs because of declining raw material prices and steady realisations backed by robust domestic demand, lifting it above 25 per cent, the report said. This will have t

India is continuing to grapple with a "severe and protracted" power crisis after a sustained surge in global coal prices in late-2021 was further aggravated by Russia's invasion of Ukraine in February, S&P Global Commodity Insights said.

Of the 11,000-odd units in the state, which account for nearly 40 per cent of India's chemical output, almost a third have turned sick

Industry body ISA has sought the government's immediate intervention to check coking coal price, which has grown three-fold to around $450 a tonne

The investigation was also conducted by the Directorate of Revenue Intelligence (DRI) and a showcause notice to the party has been issued

User industries like metals, cement as well as merchant power producers without captive coal mines likely to feel the heat

The ongoing conflict between Ukraine and Russia is likely to have a bearing on the supply of thermal coal

The country's total coal production rose 6.74 per cent to 74.78 million tonnes in December as compared to the same period in 2019, the government said

Coal production from captive mines is expected to reach 120 MT during the next financial year

Beijing's raft of interventions underscored the extent - and some limitations - of its regulatory might, but the country still faces the daunting task of keeping the fuel cheap and abundant throug

Brent crude oil futures were up 13 cents, or 0.15 per cent, to $84.73 a barrel at 9.00 pm ist, after hitting $86.04, their highest level since October 2018

Higher cost of coal due to the ongoing shortage of the dry fuel in India will impact the profitability of Vedanta in the third quarter which is likely to be temporary, according to a report

Amid the low stock position at the electricity generating plants, state-owned CIL has asked its subsidiaries to refrain from conducting any further e-auction of coal

The rising commodity prices expose India to macro risks including on the already elevated inflation and growth fronts, a foreign brokerage said on Thursday. There has been 14 per cent jump in oil prices to USD 83 per barrel and 15 per cent rise in coal rate to USD 200 per metric tonne, analysts at Morgan Stanley said. This rise in energy prices, specifically oil, has prompted concerns of higher inflation, slower growth and whether this could lead to disruptive monetary policy tightening, they said. They added that there are upside risks to inflation, and growth will only improve from a two-year compounded annual growth rate, which will lead to normalisation of the policy. Inflation will move back toward 5.5 per cent by the quarter ending March 2022 after remaining below the 5 per cent mark in the next few readings, it said, noting that a continued rise in energy prices, specifically oil, increases inflation risks. Assuming a complete pass through, a 10 per cent rise in oil prices

Natural gas and coal prices rally to record peaks as traders brace for winter crunch

Close to half a dozen states and NTPC have written to the ministry of power, complaining against discrepancy in coal quality and the billed amount

The rising coal costs stems from domestic coal shortage and hardening of seaborne coal prices

Thermal power producers in India who are dependent on imported coal now face the tough situation of higher cost of production

The 60% rise in imported coal prices between April-October 2016 is likely to negatively impact the power sector value chain