Fair demand for G10 grade in Jan e-auction
24 Feb 2015
February 24: Fair demand was witnessed in January 2015 for G10 grade (GCV 4,301 to 4,600 Kcal/kg) coal offered by CIL subsidiaries for allotment through the MSTC platform as out of an offered quantity of 320,000 tons, 305,660 tons got allotted at a weighted average price of Rs 1,856 per ton.
However, moderate demand was witnessed in December 2014 for this grade offered for allotment as out of an offered quantity of 400,000 tons, 321,810 tons got allotted at a weighted average price of Rs 1,805 per ton.
But, very good demand was witnessed for G10 grade in November 2014 as out of an offered quantity of 55,000 tons, 50,000 tons got allotted at a weighted average price of Rs 1,974 per ton.
Following are the details of e-auctions of G10 grade coal in January 2015:
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 |
30-Jan-15 |
ROAD |
TETARIAKHAR |
100,000 |
100,000 |
1,160 |
1,392 |
1,622 |
40 |
17 |
4301-4600 |
G10 |
ROM |
CCL |
30-Jan-15 |
ROAD |
BENTI COAL DUMP ASHOKA |
120,000 |
120,000 |
1,160 |
1,392 |
2,226 |
92 |
60 |
4301-4600 |
G10 |
STM |
MCL |
20-Jan-15 |
ROAD |
Jagannath |
100,000 |
85,660 |
1,340 |
1,608 |
1,610 |
20 |
0 |
4301-4600 Total |
320,000 |
305,660 |