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Feb e-auction sees good demand for G10 grade coal

06 Mar 2014

March 6: G10 grade coal (GCV range 4,301 and 4,600 Kcal/kg) offered through the e-auction platform of coaljunction during February saw good demand as 225,000 tons out of an offered quantity of 325,000 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,082/ton.

However, G10 grade coal offered during January saw moderate demand as 530,458 tons out of an offered quantity of 592,178 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,017/ton.

In December, G10 grade coal offered saw poor demand as only 54,370 tons out of an offered quantity of 203,400 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,732/ton. 

Following are the details of the e-auction of G10 grade 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 (%)

4301-4600

G10

STM

MCL

19-Feb-14

Lingaraj

Road

      10,000

        10,000

            1,608

          1,340

             2,145

                      33

                      60

4301-4600

G10

STM

MCL

19-Feb-14

Basundhara

Road

      50,000

 No Bid

            1,608

          1,340

 NA

 

 

4301-4600

G10

STM

MCL

19-Feb-14

Kulda

Road

      50,000

 No Bid

            1,608

          1,340

 NA

 

 

4301-4600

G10

STM

MCL

19-Feb-14

Bharatpur

Road

      15,000

        15,000

            1,608

          1,340

             2,306

                      43

                      72

4301-4600

G10

ROM

SECL

20-Feb-14

Dipka Expn (Stock)

Road

    200,000

       200,000

            1,392

          1,160

             2,062

                      48

                      78

4301-4600 Total

 

 

 

 

 

 

325,000

225,000