Coal Price Hike

Increased renewable generation led carbon dioxide emissions from the power sector, which make up some 40 per cent of China's overall emissions, to fall by 3.6 per cent in May

Indicating sufficient coal availability in the market, the National Coal Index (NCI) declined 4.75 per cent in December. The NCI was at 155.44 points in December 2022, the coal ministry said in a statement on Thursday. This decline shows a strong supply of coal in the market, with sufficient availability to meet the rising demand. NCI is a price index that combines coal prices from all sales channels, including auction and import prices. It considers prices of coking and non-coking coal of various grades transacted in the regulated (power and fertiliser) and non-regulated sectors. "The National Coal Index (Provisional) has shown a significant decline of 4.75 per cent in December 2023 at 155.44 points compared to December 2022, where it was at 163.19 points," the coal ministry said in a statement. Established with the base year as 2017-18, the price index serves as a reliable indicator of market dynamics, providing valuable insights into price fluctuations. "The downward traject

Miner needs to be 'adequately compensated'; stakeholders being consulted before a decision

The embracing of nuclear energy comes after the prices of natural gas and coal, the two fossil fuels used to generate most of Asia's power, shot to records this year as Russia's invasion of Ukraine up

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The company has hiked prices of non-coking coal which will raise average coal price by about 8.5 per cent