India: Domestic non coking coal prices fall on lower bids in recent SECL auction

India's domestic non-coking coal prices declined by up to INR 700/t week-on-week as of 24 April 2026, with 5,000 GCV coal assessed at INR 6,250/t and 4,500 GCV at INR 4,600/t ex-works Bilaspur. The downward movement was primarily driven by weaker bid participation in SECL's 23 April auction, reflecting prevailing liquidity constraints among buyers.