Author: Shivani Patil
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India: ECL auction signals controlled buying even as G4 grade coal prices firm up
G4 coal prices strengthen despite lower auction volumes Lower-CV grades continue to fetch bids at reserve levels Eastern Coalfields Limited’s (ECL) auction on 10 January 2026 reinforced a pattern of selective, quality-driven procurement, following a higher-volume auction on 5 January. The total bid quantity moderated to 62,300 t, down from 80,850 t on 5 January,…