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August e-auction sees strong demand for G10 grade coal

04 Sep 2013

September 4: Demand for G10 grade coal (GCV range 4,301 and 4,600 Kcal/kg) was strong in August on the coaljunction platform as 97% or 102,398 tons of the total offered quantity of 105,558 tons, got allotted.

The weighted average price of the allotted quantity during the month stood at Rs 1,773 per ton.

On the other hand, in July, 29% or 2,900 tons of the total offered quantity of 10,000 tons, got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1392/ton.

Following are the details of the e-auction of G10 grade in August 2013:

Name of the company

e-Auction Date

Month

Ex Location

Grade / GCV Band

GCV Range

Size

Mode of Despatch

Quantity Offered(t)

Quantity Allotted(t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% increase over reserve price

% increase over notified price

NCL

23-Aug-13

Aug-13

Jhingurda

G10

 

CRUSH ROM

Road

40,000

37,000

1,392.00

1,160.00

1,392.00

0

20

NCL

23-Aug-13

Aug-13

Kakri

G10

 

CRUSH ROM

Road

30,000

30,000

1,392.00

1,160.00

1,902.57

37

64

NCL

23-Aug-13

Aug-13

Jhingurda

G10

 

CRUSH ROM

Rail

27,258

27,258

1,392.00

1,160.00

2,264.86

63

95

CCL

30-Aug-13

Aug-13

Tetariakhar

G10

4301-4600

 

Road

8,300

8,140

1,392.00

1,160.00

1,392.77

0

20

Total

 

 

 

 

 

 

 

105,558

102,398