Coal prices in India remain steady; GST reforms alter grade dynamics

Domestic coal prices remained stable this week, with 5,000 GCV assessed at INR 5,750/t ex-Bilaspur and 4,500 GCV at INR 4,900/t. In SECL’s auction held on 24 Sept’25, sponge grade coal fetched strong premiums. Market sentiment remains cautious, with possible price impacts expected after delivery.