Author: Yuvraj Chouhan
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India: ECL auction records allocations for 106,400 t of non-coking coal amid subdued buyer participation
Average bid for G3 declines by 34%, but allocations rise sharply G9 logs highest allocation, over 38,000 t cleared at notified price Eastern Coalfields Ltd (ECL) allocated 106,400 t of coal in its e-auction held on 11 June 2026 against an offered quantity of nearly 0.8 mnt, translating into an allocation ratio of just 13.3%.…