- G4, G9, G12 grades find favour in auctions
- Active bidding reflects steady industrial demand
Eastern Coalfields Limited (ECL) sold about 125,950 t of non-coking coal in its auctions held on 8 and 14 July 2025. Average auction prices settled at INR 4,429/t for 8 July and INR 2,750/t for 14 July, reflecting demand shifts between higher and mid-to-lower grades.
Top buyers
In the 8 July auction, Chinmoy Mondal booked 15,000 t at INR 4,437/t, followed by Kiran Khan at 10,000 t. Balmukund Sponge & Iron Pvt. Ltd. secured 4,000 t of G11 at INR 2,151/t.
On 14 July, Compact Weighing Pvt. Ltd. purchased 20,000 t of G9 at INR 1,772/t, Crescent Power Ltd. bought 10,000 t at the same price, while Mahadev Enterprises booked 6,000 t of G12 at INR 2,068/t.
Source mines and grade performance
Sonepur Bazari OC led supply in the 8 July auction with 30,450 t of G4 booked at INR 4,439/t, followed by HURA C OC offering 13,850 t of G11 at INR 2,151/t. Parbelia UG recorded the highest mine-mouth average at INR 7,247/t on 1,000 t of G4.
On 14 July, G/Begunia OC offered the largest lot with 36,300 t of G9 at INR 1,772/t, while Rajmahal OC supplied 28,050 t of G12 at INR 2,068/t. Smaller lots of G5 and G4 were auctioned from Barmuri OC, Madhaipur UG, and other mines.
Grade-wise, G4 topped volumes on 8 July with 40,200 t at INR 4,829/t, while G9 and G12 dominated on 14 July, with sales of 36,300 t and 28,050 t respectively.
Market updates
July’s auctions showed balanced participation, with industrial consumers and traders actively booking both higher and mid-to-low grades. While G4 and G5 fetched firm premiums, larger demand gravitated towards cost-effective G9 and G12 amid cautious buying. Overall, bidding remained healthy, reflecting steady industrial demand even as market sentiment was wary due to fluctuating steel sector outlook and freight dynamics.
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