Tag: India’s domestic coal prices
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India: Domestic coal prices decline up to INR 500/t ($6) after SECL auction
Domestic coal prices fell this week by INR 400-500/t following the SECL auction on 19 November. According to BigMint’s assessment, the price for 4500 GCV grade dropped to INR 5,500/t, while 5000 GCV grade fell to INR 6,800/t exw-Bilaspur. The auction saw 12 lakh tonnes of coal on offer, with the market showing usual buying…