{"id":186976,"date":"2024-01-10T17:54:44","date_gmt":"2024-01-10T12:24:44","guid":{"rendered":"https:\/\/newsmakhani.com\/?p=186976"},"modified":"2024-01-10T17:54:44","modified_gmt":"2024-01-10T12:24:44","slug":"abundant-coal-supply-in-domestic-market-results-in-declining-coal-price-index","status":"publish","type":"post","link":"https:\/\/newsnarad.com\/pa\/abundant-coal-supply-in-domestic-market-results-in-declining-coal-price-index\/","title":{"rendered":"Abundant Coal Supply in Domestic Market Results in Declining Coal Price Index"},"content":{"rendered":"<p class=\"qtranxs-available-languages-message qtranxs-available-languages-message-pa\">\u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 <a href=\"https:\/\/newsmakhani.com\/en\/\">\u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964<\/a><\/p><p><\/p>\n<div class=\"text-center\">\n<p>National Coal Price Index Declines by 17.54% in November, 2023Non-Coking Coal Price Index Declines by 25.07%<\/p>\n<\/div>\n<div class=\"ReleaseDateSubHeaddateTime text-center pt20\"><strong>Delhi, 10 JAN 2024\u00a0<\/strong><\/div>\n<div class=\"pt20\"><\/div>\n<p>The National Coal Index (NCI) is a price index that combines coal prices from all sales channels, including Notified Prices, Auction Prices, and Import Prices. Established with the base year as fiscal year 2017-18, it serves as a reliable indicator of market dynamics, providing valuable insights into price fluctuations. The National Coal Index has shown a significant decline of 17.54 % in November 2023 at 155.09 points compared to November 2022, where it was at 188.08 points, which indicates a strong supply of coal in market, with sufficient availability to meet the growing demands.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image001U157.jpg\" \/><\/p>\n<p>Similarly, the NCI for Non-Coking Coal stands at 143.52 points in November 2023, reflecting a decline of 25.07 % compared to November 2022, while Coking Coal stands at 188.39 points in November 2023, with a growth of 5.79% compared to corresponding period of last year. The peak of NCI was observed in June 2022 when the index reached 238.83 points, but subsequent months have experienced a decline, indicative of abundant coal in the Indian market.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/image002OL7Q.jpg\" \/><\/p>\n<p>Additionally, the premium on coal auctions indicates the pulse of the industry, and the sharp decline in coal auction premium confirms the sufficient coal availability in the market. India&#8217;s coal industry affirms a substantial stockpile, with coal companies holding impressive Stock. This availability ensures a stable supply for various sectors dependent on coal, significantly contributing to the overall energy security of the nation.<\/p>\n<p>The downward trend in the NCI signifies a more balanced market, aligning supply and demand. With sufficient coal availability, the nation can not only meet the growing demands but also support its long-term energy requirements, thus building a more resilient and sustainable coal industry and securing a prosperous future for the nation.<\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>\u0a2e\u0a3e\u0a2b\u0a3c \u0a15\u0a30\u0a28\u0a3e, \u0a07\u0a39 \u0a16\u0a2c\u0a30 \u0a24\u0a41\u0a39\u0a3e\u0a21\u0a40 \u0a2c\u0a47\u0a28\u0a24\u0a40 \u0a2d\u0a3e\u0a38\u0a3c\u0a3e \u0a35\u0a3f\u0a71\u0a1a \u0a09\u0a2a\u0a32\u0a2c\u0a27 \u0a28\u0a39\u0a40\u0a02 \u0a39\u0a48\u0964 \u0a15\u0a3f\u0a30\u0a2a\u0a3e \u0a15\u0a30\u0a15\u0a47 \u0a07\u0a71\u0a25\u0a47 \u0a26\u0a47\u0a16\u0a4b\u0964 National Coal Price Index Declines by 17.54% in November, 2023Non-Coking Coal Price Index Declines by 25.07% Delhi, 10 JAN 2024\u00a0 The National Coal Index (NCI) is a price index that combines coal prices from all sales channels, including Notified Prices, [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":186981,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[109,122],"tags":[102362,102360,102361,56731],"class_list":{"0":"post-186976","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national","8":"category-news","9":"tag-abundant-coal-supply","10":"tag-declining-coal-price-index","11":"tag-national-coal-price-index","12":"tag-news-makhani"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts\/186976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/comments?post=186976"}],"version-history":[{"count":0,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/posts\/186976\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/media\/186981"}],"wp:attachment":[{"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/media?parent=186976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/categories?post=186976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsnarad.com\/pa\/wp-json\/wp\/v2\/tags?post=186976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}