Tag: ECL coal auction
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India: Bid prices continue to rise in latest ECL coal auction
Bid prices rose in Eastern Coalfields’ (ECL) latest auction held on 5 Jul’22. Almost the entire offering of 130,000 t of G3, G4 and G5 grades of coal was booked. For G5 and G3 grades bids were at INR 10,719/t and INR 13,494/t, respectively, up 15% and 7% from the last auction. Bids for G4…