India: Domestic non-coking coal prices remain steady w-o-w after recent auctions

Domestic non-coking coal prices remained unchanged w-o-w, with 5,000 GCV assessed at INR 5,750/t and 4,500 GCV at INR 4,800/t. Recent SECL auctions saw flat bids, with most volumes clearing near floor levels. In yesterday’s auction, only select parcels such as Sonepur Bazari attracted premiums, while overall bidding stayed flat, reflecting cautious procurement amid comfortable availability.


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