Tag: Domestic coal prices in India
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India: Coal prices stable w-o-w; market awaits GST clarity
Domestic coal prices held steady this week, with 5,000 GCV assessed at INR 5,750/t ex-Bilaspur and 4,500 GCV at INR 4,900/t. Market participants are maintaining a cautious stance ahead of 22 September, when the market expects FSA coal agreement prices to ease following cess removal. For now, domestic offers remain unchanged, with sentiment hinging on…