Tag: Indonesian Coal
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India: Domestic Coal Prices decline along with falling Global Market
SECL’s Current auction prices fetch comparatively low bids of INR 200-300/MT, influenced by constantly falling global coal prices. SECL, the largest subsidiary of Coal India, recently conducted an e-auction on 20 & 21 Apr’15 to offer 1.4 MnT domestic Coal. The auction saw comparatively low bids by participants which declined up to INR 300/MT, because…