Tag: Domestic coal crunch

India: Indonesian Coal Index boosts portside prices over INR 2,000/t w-o-w, domestic crunch persist

Oct 18, 2021

—

by

Rituparna Ghosh

in Non Coking

Portside prices of Indonesian coal have risen sharply by INR 2,000-3,500/t w-o-w across various ports in India. The sustained increase was fuelled by the Indonesian thermal coal index prices, which extended their rally further, and the continued domestic coal crunch. The coal shortage worsened further last week as CIL directed its subsidiaries to refrain from…