July 26, 2023 1:15 PM

National Coal Index shows decline of 33.8 % in May this year

The National Coal Index (NCI) has shown a significant decline of 33.8 per cent in May this year at 157.7 points compared to May last when it was at 238.3 points. It indicates a strong supply of coal in the market, with sufficient availability to meet the growing demands.  The NCI for non-coking coal stands at 147.5 points in May 2023, reflecting a decline of 34.3 per cent compared to May 2022, while coking coal index stands at 187.1 points in May 2023, with a decline of 32.6%. The peak o...