Page 2 - Coal Prices

'Survival of certain Coal India subsidiaries at stake without price hike'

In an effort to tide over inflationary pressure, the miner will likely raise prices after the assembly elections in five states, including Uttar Pradesh, in March, the sources said

Indonesia warns coal supply crunch not over as China prices rally

Indonesia has warned that its coal supply situation remains critical, ahead of Wednesday's review of its export ban

China's coal rates slip after govt hints at further price regulation

China's thermal coal futures dropped 5.6% after the state economic planner signalled further regulations for prices

Amid mounting dues, Coal India's price hike plan likely to be delayed

Coal India's plan to raise prices is likely to be delayed as it has failed to secure the nod of key stakeholders amid an outstanding of Rs 24,000-25,000 crore pushing company in a tough situation

China coal prices claw back after Beijing signals pacing down price drive

Traders took cue from a meeting earlier on Wednesday as the country's top economic planner told miners and power plants that prices should not fall too much too fast

Coal prices rise to record in China as floods keep supplies tight

Futures gain 9% to intra-day record of $254.3/ton

CIL might hike coal prices by 10-11% to tide over cost push, wage revision

Mining major Coal India Ltd might raise prices of the dry fuel by at least 10-11 per cent to mitigate the impact of increased costs and an impending wage revision

Asia's coal prices hit new highs as global utilities scramble for fuel

BEIJING/CHENNAI (Reuters) - Thermal coal prices across Asia hit new highs this week as China and India restock critically low inventories to meet robust power consumption, industry sources said.

Tata, Adani plants may get to sell on power exchanges amid coal crisis

The ministry is pursuing these five states to allow the two units to sell in the spot market on the power exchanges

Coal India amends policy, allows export of fuel bought via e-auction

Company execs say move would increase volume of trade on CIL's e-auction platform

Covid-19: Odisha seeks concessions in coal prices to ease power sector woes

Wants coal companies to discontinue charging any premium or incentive on bridge, flexi or long-term linkage coal being availed for 2020-21 or at least for the next six months

Power cos complain about increase in reserve prices for spot coal by CIL

The APP also said that power units are facing huge under-recoveries of cost, owing to delayed payment from the state-owned power distribution companies

Coal prices to stay firm on higher power demand

Prices of coal in the domestic market are unlikely to see any correction in the near term even as forecast for international thermal coal prices remains subdued.Coal India Ltd (CIL), the largest producer feels an uptick in power demand would boost offtake and strengthen prices. The coal behemoth expects its e-auction prices to go up both for regulated and non-regulated sectors. In the April-June quarter, CIL's e-auction prices fell 10 per cent compared to the previous quarter, impacting its bottom-line. The realisation was low primarily because of muted demand and lower global coal prices. However, things would not be stressed in the coming days, said a senior CIL official."The off-take situation is improving and the average coal realisation is expected to go up. As the demand for power is expected to rise, power producers would be in need of higher coal volumes and e-auction prices would firm up", he said.E-auction of coal accounts for 15-20 per cent of CIL's volumes but contributes .