India: Domestic coal prices decrease w-o-w, buyers anticipate further declines

India’s domestic coal prices fell slightly this week as assessed by BigMint, with 4500 GCV coal at INR 4,950/t and 5000 GCV coal at INR 6,400/t exw-Bilaspur, both down by INR 50/t w-o-w. Despite the decline, buyers are cautiously holding off purchases, anticipating further price reductions in the coming weeks.