India: Thermal coal prices in domestic market inch down
Domestic thermal coal prices in India inched down by INR 50-100/t, with 4500 GCV coal priced at INR 4,900/tonne (t) and 5000 GCV at INR 5,900/t, both exw-Bilaspur. Market participants noted that bid prices in the recent SECL auction were lower, despite active participation.