Tag: Domestic coal prices in India
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India: Coal prices stable amid weak buying interest, surplus availability
Domestic coal prices remained unchanged this week, with 4500 GCV and 5000 GCV grades assessed at INR 4,500/t and INR 4,950/t, respectively, exw-Bilaspur. Market sentiment remained dull, as most buyers held sufficient stocks and refrained from fresh purchases. Additionally, surplus availability from ongoing auctions by CIL subsidiaries continued to weigh on buying interest, keeping demand…