Author: Damini Sahu

Short-term bullishness from supply squeeze Underlying demand remains weak US high-NAR non-coking coal prices ex Kandla and Tuna rose sharply in January, marking one of the steepest short-term price increases seen in India’s retail coal market in recent years.  Spot prices at Tuna port climbed from around INR 10,300-10,700/t in early January to INR 12,000-12,050/t…