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Coal India cuts prices to offset rising costs amid Israel-Iran conflict.
Coal India is absorbing sharp input cost increases due to the Israel-Iran conflict, including a 44% rise in ammonium nitrate and a 54% jump in industrial diesel prices.
Despite using nearly 900,000 tons of explosives annually, the company is not raising coal prices to protect consumers.
To maintain supply, CIL has lowered reserve prices in e-auctions and increased auction frequency, though these cost-cutting measures led to a 6% stock drop on April 10.
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Coal India recorta precios para compensar el aumento de costos en medio del conflicto entre Israel e Irán.