India: Domestic thermal coal prices remain stable w-o-w

Domestic thermal coal prices in India stayed mostly unchanged this week after the 12 Feb SECL auction. 4500 GCV coal prices remained at INR 5,000/t, while 5000 GCV stood at INR 5,950/t, both exw-Bilaspur. Prices were expected to fall substantially at SECL’s auction conducted last week. However, stable import offers prevented a drop.


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