Domestic coal prices remained steady w-o-w, with 5,000 GCV at INR 6,250/t ex-Bilaspur and 4,500 GCV at INR 5,200/t. Market activity was limited, as delivery of orders from previous auctions was delayed. Traders avoided quoting new offers, awaiting clarity from SECL’s upcoming auctions scheduled on 24 and 25 October, offering 507,000 t and 356,000 t, respectively. Participants expect clearer pricing direction once allocations and delivery timelines are finalised.
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