Author: Shivani Patil
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India: Domestic coal market stays subdued amid weak demand
Lower auction premiums pressure prices Frequent auctions improve coal availability India’s domestic non-coking coal prices remained largely stable w-o-w amid subdued buying activity and comfortable coal availability. As per BigMint’s assessments, 5,000 GCV coal prices were heard at around INR 6,000/t, while 4,500 GCV material remained near INR 4,300/t. Market participants stated that weak sponge…