Coal Price rise to unprecedented level

After falling to unprecedented level, the rate of Imported Coal from Australia, USA and Indonesia is rising fast minute by minute and have touched an all time high. The daily rise in coal prices have baffled the industry.

Though the investors are showing more and more interest in Coal, industries which are already facing a lot of trouble due to COVID, have no where to go now.

Industries like Steel, Cement and Textile has suffered a lot.

The increase in rate is likely to be seen till February next year.

Man in helmet working on mining quarry. Opencast mine with dumpers, excavator and workers. Vector cartoon illustration of ore extraction open cast and engineer

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