India: Domestic non-coking coal prices rise w-o-w after 2 months of stability
Domestic non-coking coal prices increased w-o-w after nearly two months of stability. As per BigMints assessment, 4,500 GCV rose by INR 50/t to INR 4,850/t, while 5,000 GCV increased by INR 100/t to INR 5,850/t exw Bilaspur. Stronger bids at the 12 Feb SECL auction reflected buyers growing preference for domestic material amid elevated imported coal offers.
