nmdc crude

India: NMDC Nagarnar’s crude coal tar prices surge 30% in latest auction

NMDC Nagarnar conducted a crude coal tar auction on 17 Mar’26, where the entire 3,000 t were sold at an average weighted price of INR 48,500/t. This represents a sharp increase of INR 11,900/t (32.5%) compared to INR 36,600/t in the previous auction held on 24 Feb’26. The significant price rise reflects strong demand, tight supply conditions, and improved market sentiment.


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