{"id":356968,"date":"2020-06-12T11:32:38","date_gmt":"2020-06-12T06:02:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=356968"},"modified":"2020-06-12T11:33:25","modified_gmt":"2020-06-12T06:03:25","slug":"cils-notified-prices-for-coking-coal-to-guide-market-analysts-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cils-notified-prices-for-coking-coal-to-guide-market-analysts-2\/","title":{"rendered":"CIL\u2019s notified prices for coking coal to guide market: Analysts"},"content":{"rendered":"<p>Kolkata: Coal IndiaNSE -2.51 %\u2019s notified prices for coking coal will remain the major factor in the market as the representative prices based on the Centre\u2019s national coal index are much higher, senior executives and analysts said.<\/p>\n<p>Last week, the coal ministry rolled-out a national coal index based on weighted average prices of CIL\u2019s notified, e-auction and import prices for all sectors. Based on the index, it computed representative prices of each grade of coal. These prices will be used to calculate the percentage of revenue a bidder agrees to share with the government while bidding for them at an upcoming block auction. They will sell coal in the open market.<\/p>\n<p>National coal index-based representative price of G17, a grade with one of the lowest energy content among CIL\u2019s non-coking coal product basket, is slightly lower than Coal India\u2019s notified price for the non-power sector by 0.19% but this category was barely 0.2% of Coal India\u2019s sales in 2018-19.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kolkata: Coal IndiaNSE -2.51 %\u2019s notified prices for coking coal will remain the major factor in the market as the representative prices based on the Centre\u2019s national coal index are much higher, senior executives and analysts said. Last week, the coal ministry rolled-out a national coal index based on weighted average prices of CIL\u2019s notified, e-auction and import prices for all sectors. Based on the index, it computed representative prices of each grade of coal. These prices will be used to calculate the percentage of revenue a bidder agrees to share with the government while bidding for them at an [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[194,130,136],"tags":[],"class_list":["post-356968","post","type-post","status-publish","format-standard","hentry","category-coal-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/356968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=356968"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/356968\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=356968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=356968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=356968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}