Coal India is buzzing in trade as coal prices hit an all-time high. Overnight, coal prices gained by 5.5 percent to trade at USD 302 per tonne.
On a year on year basis coal prices have risen by 244 percent. In 2022 alone, the coal prices have gained by 90 percent.
Supply concerns due to Russia-Ukraine conflict and energy crunch in international markets are some of the reasons for the rise.
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