Tag: CIL E-Auction Price Realisation
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India: SECL’s May ’21 spot auction sees improvement in bid prices
South Eastern Coalfields Ltd (SECL), the largest coal producing subsidiary of Coal India Limited (CIL), has witnessed a revival in demand for coal sales carried out via the spot auctions for May. A gradual rise in imported coal prices, driven by surge in vessel freight rates and global coal indices, prompted buyers to look towards…