Coal India (CIL) hiked FSA prices for grades G6-G17 (~90% of non-coking coal) by 0.6-19%, while revising it down for G1-G5 (~10%) by 2-29%. With an effective hike of 6.3% across grades/categories, CIL has (yet again) put to rest any doubts about its pricing power, derived from its low coal prices vs. imports (even after hikes CIL?s representative grade sells at 30-40% discount vs. imports).