India: Domestic coal prices steady w-o-w; SECL auctions see tepid trade

Domestic coal prices stayed stable w-o-w, with BigMint’s assessment showing 5000 GCV and 4500 GCV grades at INR 4,700/t and INR 4,250/t exw-Bilaspur. Market activity remained subdued, marked by scattered offers and limited fresh buying interest. SECL’s recent auctions allocated lower volumes amid a modest response, mainly from existing buyers, and overall sentiment stayed weak amid thin demand.