Coal Price Hike
China coal generation share at record low in May as renewables hit highs
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
 "China coal generation share at record low in May as renewables hit highs")
National coal index falls 5% in Dec, shows sufficient availability in mkt
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
 "National coal index falls 5% in Dec, shows sufficient availability in mkt")
Coal India has strong case to increase prices, talks on: CMD Agrawal
Miner needs to be 'adequately compensated'; stakeholders being consulted before a decision
 "Coal India has strong case to increase prices, talks on: CMD Agrawal")
Rising prices of natural gas, coal spur revival of nuclear power in Asia
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
 "Rising prices of natural gas, coal spur revival of nuclear power in Asia")
Glencore shareholders get $4.5-bn windfall as coal prices soar
Company to pay out $3 bn in share buyback, also promises $1.45-bn special dividend; adjusted EBITDA more than doubles to $18.92 bn
 "Glencore shareholders get $4.5-bn windfall as coal prices soar")
Hike in coal prices likely to impact secondary steel makers, says Icra
The company has hiked prices of non-coking coal which will raise average coal price by about 8.5 per cent
 "Hike in coal prices likely to impact secondary steel makers, says Icra")
