Domestic coal offers remained stable w-o-w, with buyers adopting a wait-and-watch approach ahead of clarity on GST applicability from 22 Sep. As per BigMint’s assessment, prices of 5,000 GCV stood at INR 5,750/t ex-Bilaspur, while 4,500 GCV held at INR 4,900/t. Recent SECL auctions also reflected muted sentiment, with no notable rise in bids. The highest allocation was for power-grade coal.
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