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Fair demand for G-8 grade coal in June e-auction

30 Jul 2014

July 30: There was fair demand for G-8 grade (GCV 4,901 to 5,200 Kcal/kg) coal offered on the MSTC platform by 4 subsidiaries of CIL in June 2014 as 1,45,000 tons were offered from which 123,000 tons got allotted at a weighted average price of Rs 2,557 per ton.

In May, there was good demand for G-8 grade (GCV 4,901 to 5,200 Kcal/kg) coal offered on this platform by three subsidiaries of CIL as 66,200 tons were offered from which 58,510 tons got allotted at a weighted average price of Rs 2,774 per ton.

There was also similar demand for G-8 grade coal offered on the MSTC platform by three subsidiaries of CIL in April 2014 as 199,500 tons were offered from which 189,490 tons got allotted at a weighted average price of Rs 2,329 per ton.

Fair good demand was also witnessed for G-8 grade coal offered on the MSTC platform by two subsidiaries of CIL in March 2014 as 73,000 tons were offered from which 66,850 tons got allotted at a weighted average price of Rs 2,057 per ton.

Following are the details of G-8 grade e-auction in June 2014:

GCV

Grade

Size

Company Name

Event Date

Colliery

Mode

Qty offered

Qty Alloted

(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 (%)

4901-5200

G8

REJECTS

CCL

30-Jun-14

KATHARA W. REJECTS

ROAD

2,000

-

-

-

-

   

4901-5200

G8

SLURRY

CCL

30-Jun-14

GIDI-W SLURRY

ROAD

15,000

4,500

1,690

2,028

2,028

20

-

4901-5200

G8

Steam

MCL

26-Jun-14

Orient - 2

ROAD

20,000

20,000

1,870

2,244

2,276

22

1

4901-5200

G8

Steam

MCL

26-Jun-14

HBI

ROAD

40,000

40,000

1,870

2,244

2,247

20

0

4901-5200

G8

CRUROM

WCL

24-Jun-14

MORPAR UG

ROAD

10,000

500

2,148

2,577

2,577

20

-

4901-5200

G8

ROM

SECL

20-Jun-14

Baroud OC

ROAD

52,000

52,000

2,028

2,028

2,978

47

47

4901-5200

G8

ROM

SECL

20-Jun-14

Dharam UG

ROAD

6,000

6,000

2,028

2,028

2,306

14

14

Total

 

 

 

 

 

 

1,45,000

123,000