Tag: Bid Premium over Notified Price
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India: Bid prices in CIL’s coal auction drop on weak buying sentiments
State run miner Coal India Ltd (CIL) has witnessed a correction in bid prices for coal sales concluded via spot auctions in June 2022 as buying activity took a hit by the impending arrival of monsoon. The company fetched a price realisation of INR 7,308/t in June auctions which was 357% higher than the notified…