Tag: ECL India auction result
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India: ECL’s latest auctions signal cautious restocking, not demand revival
Offtake increases in 5 Jan auction, but buying stays controlled G4 dominates both auctions, with mostly lower-CV grades cleared Eastern Coalfields Limited’s auctions on 30 December 2025 and 5 January 2026 signalled cautious, disciplined restocking. On 30 December, ECL sold 65,450 t at an average bid price of INR 3,888/t, reflecting defensive year-end procurement, as…