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December e-auction sees poor demand for G10 grade coal

03 Jan 2014

January 3: G10 grade coal (GCV range 4,301 and 4,600 Kcal/kg) offered for e-auction on the coaljunction platform during December saw poor demand as only 54,370 tons out of an offered quantity of 203,400 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,732/ton.

However, G10 grade coal offered for e-auction on the coaljunction platform during November saw good demand as 216,968 tons of an offered quantity of 255,668 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,776/ton.

In October, G10 grade coal offered for e-auction on the coaljunction platform saw good demand as 208,926 tons out of an offered quantity of 241,156 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,993/ton.

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

GCV Range

Grade / GCV Band

Size

Name of the company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered (t)

Quantity Allottcd (t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% Increase Over Reserve Price (%)

% Increase over Notified Price (%)

4301-4600

G10

 

CCL

27-Dec-13

PIPARWAR SLURRY (MECHANICAL LOADING)

Road

50,000

12,000

1,392

1,160

1,392

-

20

4301-4600

G10

 

CCL

27-Dec-13

RAJRAPPA REJECTS

Road

20,000

1,490

1,392

1,160

1,392

-

20

4301-4600

G10

 

CCL

27-Dec-13

Tetariakhar

Road

18,400

5,880

1,392

1,160

1,392

-

20

4301-4600

G10

STM

MCL

30-Dec-13

Bharatpur

Road

15,000

15,000

1,608

1,340

2,338

45

74

4301-4600

G10

STM

MCL

30-Dec-13

Basundhara

Road

50,000

No Bid

1,608

1,340

NA

-

-

4301-4600

G10

STM

MCL

30-Dec-13

Kulda

Road

50,000

20,000

1,608

1,340

1,608

-

20

Total

           

203,400

54,370