India: Domestic coal prices in open market shoot up

Domestic coal prices in the open market have risen sharply because of limited supply in the local market with CIL reducing the quantity for the e-auction. Today prices, in the Wani, Maharashtra for 4500 GCV Steam coal is INR 11,600/t, up by INR 1,850/t d-o-d and in Bilaspur, Chhattisgarh for 4500 GCV Steam coal is INR 8,775/t, up by INR 900/t d-o-d.


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