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Fair demand for G-10 grade in Oct e-auction

28 Nov 2014

November 28: Fair demand was witnessed in October 2014 for G-10 grade (GCV 4,301 to 4,600 Kcal/kg) coal offered by CCL and NCL for allotment through the MSTC platform as out an offered quantity of 204,410 tons, 199,870 tons got allotted at a weighted average price of Rs 2,741 per ton.

However, moderate demand was witnessed in September 2014 for this grade offered by CCL as only 26,920 tons got allotted out of an offered quantity of 34,820 tons at a weighted average price of Rs 2,412 per ton.

On the other hand, fair demand was witnessed in August 2014 for this grade offered by CCL and NCL for allotment through the MSTC platform as 153,360 tons got allotted out of an offered quantity of 163,410 tons at a weighted average price of Rs 2,470 per ton.

Following are the details of e-auctions of G10 grade of coal in October 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Qty Alloted (In tons)

(ANP)Average Notified Price (in Rs)

(ARP)Average Reserve Price (In Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

4301-4600

G10

ROM

CCL

31-Oct-14

ROAD

BENTI COAL DUMP ASHOKA

26,000

26,000

1,160

1,392

3,434

196

147

4301-4600

G10

REJECTS

CCL

31-Oct-14

ROAD

RAJRAPPA REJECTS

35,000

30,460

1,160

1,392

1,392

20

-

4301-4600

G10

ROM

NCL

16-Oct-14

RAIL

Jhingurda

58,410

58,410

1,160

1,392

3,071

165

121

4301-4600

G10

ROM

NCL

16-Oct-14

ROAD

Jhingurda

60,000

60,000

1,160

1,392

2,647

128

90

4301-4600

G10

ROM

NCL

16-Oct-14

ROAD

Kakri

25,000

25,000

1,160

1,392

3,121

169

124

4301-4600 Total

 

 

 

 

 

 

204,410

199,870