Tag: India Coal Index

  • India Coal Index prices fall in October amid easing supplies

    India Coal Index prices fall in October amid easing supplies

    *GCV 5500’s monthly weighted price dropped by INR 1,060/t m-o-m *Despite drop, prices still on higher side *Restocking by brick, cement sectors may limit steep corrections Morning Brief: CoalMint’s India Coal Index (ICI) recorded a decline in October 2022 on the back of gradual improvement in supply conditions which encouraged buyers to lower their bids…