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Coal E-Auction Bidding Mistakes That Cost Lakhs | Floor Price, Ceiling & Strategy | Chapter 8
Overview
As Chapter 8 of Leegal's coal e-auction series, this video focuses on bidding-stage mistakes — misreading the floor price, ignoring the ceiling price mechanism, and bidding without a pre-calculated cost ceiling — that can turn a 'won' lot into a loss-making one.
Topics Covered
- Understanding floor price versus ceiling/reserve price
- Common last-minute bidding errors
- Calculating a true cost ceiling before bidding
- Grade and quality-linked pricing traps
- Avoiding auction fatigue on multi-lot sales
Who this is for: Coal buyers and traders who bid regularly on CIL, CMPDI or MSTC coal e-auctions.
Need help with this?
Leegal's advisory desk can help you act on what this video covers — registration, documentation, filing or bidding support.
Coal India Auction Call +91 95721 91163