India: Thermal coal prices stable w-o-w; higher supplies may pressure prices
Domestic thermal coal prices remained stable w-o-w as of 1 April 2026, as per BigMint's assessment, with 5,000 GCV at INR 6,600/t and 4,500 GCV at INR 5,200/t. Market momentum slowed during the week amid dull trading activity and subdued buyer participation. Sentiment weakened following the announcement of a fresh SECL auction, which may pressure traders to lower offers amid improving supply expectations.