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Fair demand for G7 grade coal in Feb e-auction

06 Mar 2014

March 6: G7 grade coal (GCV range of 5,200-5,500 Kcal/kg) met with fair demand at the coaljunction platform in February as out of the offered quantity of 83,350 tons, 76,260 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,902/ton.

However, in January, out of the offered quantity of 299,750 tons, 281,220 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,466/ton.

In December 2013, out of the offered quantity of 154,200 tons, 117,570 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,518/ton.

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

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

 % Increase Over Reserve Price (%)

 % Increase over Notified Price (%)

5201-5500

G7

SLK

SECL

13-Feb-14

Bangwar UG (Bunker)

Road

       6,000

          6,000

            2,292

          1,910

             2,371

                        3

                      24

5201-5500

G7

STM

SECL

13-Feb-14

Bangwar UG (Bunker)

Road

       1,000

          1,000

            2,484

          2,070

             2,909

                      17

                      41

5201-5500

G7

STM

MCL

19-Feb-14

Orient-4

Road

       5,000

 No Bid

            2,484

          2,070

 NA

 

 

5201-5500

G7

ROM

SECL

20-Feb-14

AMGAON OC

Road

      28,000

        28,000

            2,268

          1,890

             3,219

                      42

                      70

5201-5500

G7

SLK

WCL

21-Feb-14

Tawa

Road

       8,000

          8,000

            2,748

          2,290

             2,753

                        0

                      20

5201-5500

G7

SLK

WCL

21-Feb-14

Tawa II

Road

       8,500

          8,500

            2,748

          2,290

             3,588

                      31

                      57

5201-5500

G7

 

CCL

28-Feb-14

GIRIDIH

Road

      26,850

        24,760

            2,484

          2,070

             2,485

                        0

                      20

5201-5500 Total

 

 

 

 

 

 

83,350

76,260