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Coal news and updates

Excellent demand for G7 grade coal in July e-auction

05 Aug 2014

August 5: G7 grade coal (GCV range of 5,200-5,500 Kcal/kg) met with excellent demand on the coaljunction platform in July 2014 as the entire offered quantity of 12,770 got allotted. The weighted average price of the allotted quantity during the month stood at Rs 3,778/ton.

In June, this grade of coal, however, met with good demand on the coaljunction platform as out of the 33,300 tons offered, 27,060 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,997/ton.

Similar demand had been witnessed for the same grade of coal in May as out of 188,500 tons offered, 168,800 tons had got allotted. The weighted average price of the allotted quantity during the month had been Rs 2,815/ton.

Following are the details of the e-auction of G7 and mixed grade coal in July 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)

Reserve Price (Rs./t)

5201-5500

G7

SLK

SECL

16-Jul-14

Birsingpur

ROAD

3,000

3,000

1,910.00

2,292.00

3,599.17

5201-5500

G7

SLK

SECL

16-Jul-14

Pali

ROAD

2,500

2,500

1,910.00

2,292.00

3,614.00

5201-5500

G7

STM

WCL

30-Jul-14

MANA

ROAD

1,000

1,000

2,450.00

2,940.00

5,363.00

5201-5500

G7

STM

WCL

30-Jul-14

NANDGAON

ROAD

390

390

2,475.00

2,970.00

4,095.13

5201-5500

G7

STM

BCCL

31-Jul-14

DAMAGORIA CHAPTORIA OCP

ROAD

5,000

5,000

950.00

2,484.00

3,482.00

5201-5500

G7

 

CCL

31-Jul-14

GIDI-C

ROAD

880

880

1,740.00

2,484.00

4,589.00

Total

 

 

 

 

 

 

12,770

12,770