Tag: India domestic coal prices

India: Domestic coal prices drop further, buyers await clarity amid upcoming CIL auctions

Dec 20, 2024

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by

Shivani Patil

in Non Coking

India’s domestic coal prices continued to decline this week. BigMint’s assessment showed that 4500 GCV coal was at INR 4,900/t, down by INR 50/t w-o-w, while 5000 GCV coal stood at INR 6,200/t, a drop of INR 200/t, exw-Bilaspur. Buyers are delaying purchases, expecting further reductions with upcoming CIL subsidiary auctions.