Research preview

India’s coal inventories at thermal power plants have fallen to their lowest level in three years, a situation that can tighten supply, raise generation costs, and affect related equities and commodities. For quantitative traders, the event offers a live case to apply portfolio risk theory, correlation dynamics, and market‑microstructure insights to construct and adjust positions. Why Coal Inventories Matter for Markets Thermal power plants rely on coal as a primary fuel; a sharp inventory drop signals potential generation shortfalls. When plants cannot secure enough coal, they may increase purchases on the spot market, pushing coal prices higher....