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Coal news and updates

April e-auction sees moderate demand for G-10 grade coal

07 May 2014

May 7: G-10 grade coal (GCV range 4,301 and 4,600 Kcal/kg) offered through the e-auction platform of coaljunction during April saw moderate demand as 144,600 tons out of an offered quantity of 197,250 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,055/ton.

However, during March 2014, the offering saw moderate demand as 446,010 tons out of an offered quantity of 615,760 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,100/ton.

In February, the G-10 offering saw good demand as 225,000 tons out of an offered quantity of 325,000 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,082/ton. 

Following are the details of the e-auction of G10 grade in April 2014:

GCV Range

Grade / GCV Band

Size

Name of the Company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered(t)

Quantity Allotted(t)

Notified Price (Rs./t)

Reserve Price (Rs./t)

Average Price in Rs/Mt

 % Increase over Notified Price (%)

 % Increase Over Reserve Price (%)

4301-4600

G10

Sized ROM

SECL

16-Apr-14

Dipka Expn (Stock) 

ROAD

    100,000

     100,000

       1,160

       1,392

       2,280

           97

            64

4301-4600

G10

 

CCL

30-Apr-14

PIPARWAR SLURRY (MECHANICAL LOADING)

ROAD

      50,000

       17,000

       1,160

       1,392

       1,392

           20

            -  

4301-4600

G10

 

CCL

30-Apr-14

RAJRAPPA REJECTS

ROAD

      20,000

            350

       1,160

       1,392

       1,392

           20

            -  

4301-4600

G10

ROM

CCL

30-Apr-14

Tetariakhar

ROAD

      27,250

       27,250

       1,160

       1,392

       1,650

           42

            19

4301-4600 Total

 

 

 

 

 

 

197,250

144,600