Tag: new auction scheme
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India: Coal resellers’ market stagnant; stakeholders unclear about new auction scheme
Domestic coal prices in the resellers’ market remained stable this week, after registering a drop in the previous week. Traders have decided to hold their offers despite selling pressure as they are operating at a lower margin. The prices of 4,500 gross calorific value (GCV) coal in Wani, Maharashtra were assessed at INR 12,475/t on…