Tag: India domestic coal prices
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India: Domestic coal market turns silent amid uncertainty over SECL policy
Domestic coal prices remained largely steady this week, with 5,000 GCV at INR 6,250/t ex-Bilaspur and 4,500 GCV easing slightly by INR 100/t to INR 5,200/t. Market activity stayed muted as traders refrained from fresh purchases following SECL’s new grade upgradation policy. With delivery orders delayed and limited lifting, supply concerns are beginning to surface…