India to Adopt New Coal Pricing Formula

- November 14th, 2011

Mining Weekly reported that India will move to a coal pricing formula based on gross calorific value.

Mining Weekly reported that India will move to a coal pricing formula based on gross calorific value.

As quoted in the market news:

The new pricing formula would reduce the price differentials between imported and domestically mined coal, which ranged as high as 30% to 60% based on different UHV grades.

Click here to read the full Mining Weekly report.

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