Auctions held by CIL subsidiary Eastern Coalfields Limited (ECL) on 22, 24 and 29 January and 4, 5, and 6 February 2025, reflected significant shifts in coal sales trends, marking distinct bidding behaviours. The total sales volume across these six auctions reached 288,050 t, indicating evolving buyer preferences and varied bid prices. Sales trends: The […]
Indonesian portside thermal coal prices remain stable amid Diwali holidays Indonesian portside thermal coal prices were unchanged w-o-w. Participants were absent from the market this week, owing to Diwali, a key Indian festival. Prices of 3400 GAR at Navlakhi remained stable at INR 4,700/t. At Kandla and Vizag, 4200 GAR stood unchanged at INR 5,950/t […]
Mysteel Global: Indonesian coal production this year is likely to surpass its target of 710 million tonnes (mnt), the latest data from the country’s Energy and Mineral Resources Ministry (ESDM) suggests. The prediction is based on the fact that the country’s coal output during January-September this year touched 613 mnt, leaving only 97 mnt to be […]