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SPOT AUCTION MARKET
Coal India, NMDC emerge as must-watch mining plays as spot prices surge, says Motilal Oswal's Siddhartha KhemkaIndia's mining and metals sectors show strong opportunity with surging coal and iron ore prices, benefiting Coal India and NMDC. Private ba...
West Asia war: Amid gloom and doom in Surat and Tiruppur’s textile clusters, one industry offers hopeAs the West Asia conflict drags down most sectors in India’s two major textile hubs, one segment in Surat is opening up new opportunities
Amid West Asia crisis, CIL plans to offer 25.62 million tonnes of coal in April via auctionCoal India Limited is set to auction 25.62 million tonnes of coal this month. This move aims to address energy supply disruptions caused by...
Informal sector steps up coal stocking over price concernsCoal prices have risen internationally and percolated to the free market rates for coal clocking a premium of 10-15% over the usual rates d...
CIL’s e-auction sales nearly triple in OctoberThe increase of 190% or 11 million tonnes during the month signals demand resumption for coal after a Covid-led hiatus. Volume booking in e...
Coal India to increase e-auction offerings to 15%In the three quarters till end-December 2019, the company had offered about 12% of its production for auctions. Spot auction offers account...
Coal India fetches 62% premium at spot auctions in OctoberFor the period Apr-Oct, the company managed to command a premium of 67% over its notified prices on an average. At special forward e-auctio...
Coal India fetches 82% premium over notified price in e-auctionAt special forward e-auction for the power sector, Coal India managed to sell coal at a premium of 27% over notified prices in September. F...
First quarter e-auction premiums for Coal India up 66%Going forward, if Coal India diverts more coal to power plants, then possibility of a rise in spot e-auction premiums cannot be ruled out.
CIL to offer 21.5% more coal to power generators through forward e-auctionsA senior executive at the coal behemoth said the company will offer 33 million tonnes of coal through forward e-auctions in 2019-20 compare...
CIL to offer 60-70 million tonnes coal in spot & forward auctionsThe dry fuel supplier has also decided to offer an additional 70-80 MT of long-term supply contracts through auctions to the non-power sect...
Coal India to increase auction offering by 14% in FY20It is expected to bring down premiums in the auctions market and offer respite to independent power, cement, sponge iron companies among ot...
Spot sale gives CIL 66% premium during April - DecemberThe premium for spot auctions went as high as 95% in the months of October and December last year, data available on the coal ministry’s we...
CIL allocates 8% less coal under spot e-auction in Apr-SeptThe decline comes amid government's goal to secure availability of coal to meet the demand of various sectors of the economy including powe...
- Coal India to lose Rs 6,000 crore per year on lower spot sales
Coal India Ltd (CIL) expects a hit of Rs 6,000 crore per year on its revenue, from next year, as it cuts spot sales to accommodate power pr...
- NSpot attains top position in electronic trading of food crops
NCDEX Spot (NSpot) today said that it has attained the number one position in electronic auctions of food crops.
- National Spot Exchange shorlisted to sell wheat under open market
Food Corporation of India has shortlisted NCDEX Spot Exchange and Financial Technologies-promoted National Spot Exchange to sell wheat unde...