Page 2 - Coal Prices

India's petcoke imports seen doubling amid soaring global coal prices

Global coal prices are near record highs due to fears of a supply crunch following the European Commission's decision to ban coal imports from Russia after its invasion of Ukraine

Top industrial states plan to import 10.5 mn tonnes of coal to beat crisis

The move by India, the world's second largest coal importer, could lead to a further increase in global prices, which are already trading near record highs

Electricity to cost more in Maharashtra on coal and gas price hike

State allows all companies to raise power tariffs all across; Maharashtra now joins growing list of States to have allowed higher electricity tariff

NTPC's annual coal imports in FY23 expected to hit 8-year high

India's top electricity producer NTPC Ltd's coal imports this financial year will be highest in 8 years despite near-record prices, as it looks to address domestic shortage, 2 senior officials said

Coal prices may stay elevated throughout FY23, says ICRA

With international coal prices increasing further now, this trend in likely to continue in FY23 as well, putting pressure on domestic miners to ramp up production

Analysts say cement stocks now attractive; price hikes to ease margin woes

Analysts believe current input cost headwinds are transitory as likely price hikes by companies will help aid margin pressures.

Coal buyers in India are paying 300% premiums to secure fuel

Indian coal prices have surged in auctions held by the country's state-run miner, with domestic buyers rushing to secure supplies as global disruptions push up the cost of imported fuels

India's coal imports fall 8.76% in Feb, domestic production rises

The price of coal in the global market touched a record high of $400 per tonne last week, due to the Russia-Ukraine war

'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