Domestic coal prices moved slightly higher this week, with 5,000 GCV assessed at INR 5,750/t ex-Bilaspur, up INR 50/t w-o-w, and 4,500 GCV at INR 4,900/t, up INR 100/t w-o-w. Market attention has shifted to GST changes – raised to 18% alongside removal of INR 400/t cess. Lower grades may see modest relief, while mid- to higher-grade coal could turn costlier. The impact remains mixed.
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