Author: Shastu
-
India: Bid premiums continue to drop at SECL spot coal auction in Nov’22
Bid premiums fell for the fourth time in a row in the spot coal e-auction held by CIL subsidiary South Eastern Coalfields Ltd. (SECL) on 28 November, 2022. Premiums had surged 495% in May but have been falling since in every auction conducted. In the latest auction, the bid premium over the notified price hovered…