- G11, G13 grades dominate volumes
- Comfortable supply keeps sentiment subdued
South Eastern Coalfields Ltd (SECL) announced a non-coking coal e-auction scheduled for 22 May 2026 under the Single Window Mode Agnostic (SWMA) scheme, offering around 2.169 mnt across road and rail modes. Domestic coal availability remains ample amid elevated pithead inventories, as coal companies continue to focus on improving offtake and reducing stock pressure.
G11 coal dominates volumes
Among the major offers, Dipka OC and Gevra OC will contribute the highest quantities with G11 grade coal. Dipka OC will offer around 0.54 mnt while Gevra OC will offer nearly 12.04 lakh t. Other major clusters included Manikpur OC (G13), Amadand OC (G10), Ketki UG (G7), and Rajnagar OC (G8).
Market participants stated that frequent CIL subsidiary auctions and comfortable domestic supply continued limiting panic buying sentiment. Buyers largely remained requirement-based amid weak sponge iron and steel demand, while lower premiums in recent auctions kept overall domestic coal sentiment under pressure.
Supply pressure continues in domestic market
SECL’s latest auction announcement reflected ongoing efforts by coal companies to accelerate despatches and reduce elevated inventory levels at pitheads. Participants noted that despite stable domestic coal prices, procurement activity remained selective due to subdued industrial demand and sufficient material availability in the market.
The auction will be conducted through MJ Services Ltd, with both road and rail consumers eligible to participate under updated SWMA guidelines.
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