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G-13 grade coal sees good demand in Nov e-auction

04 Dec 2013

December 4: Good demand was witnessed for G13 (GCV between 3,400 and 3,700 Kcal/kg) grade coal offered in the e-auctions conducted on the coaljunction platform during November 2013 as 340,000 tons of the offered quantity of 341,269 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 1,280/ton.

However, this grade was not offered in October.

On the other hand, in September, there was very strong demand for G13 grade coal as the entire offered quantity of 260,000 tons got allotted and the weighted average price stood at Rs 1,553/ton.

Following are the details of e-auction of G13 grade in November 2013:

Name of the Company

e-Auction Date

Ex Location

Grade / GCV Band

GCV Range

Size

Mode of Despatch

Quantity Offered(t)

Quantity Allocated(t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% premium over reserve price

% premium over notified price

NCL

26-Nov-13

Coal lying at Kanpur Stock Yard

G13

 

CRUSH

Road

1,269

No Bid

1,497

1,248

NA

NA

NA

MCL

26-Nov-13

Lakhanpur

G13

3401-3700

- 100mm

Road

110,000

110,000

984

820

1,088

11

33

MCL

26-Nov-13

Belpahar

G13

3401-3700

- 100mm

Road

130,000

130,000

984

820

1,671

70

104

MCL

26-Nov-13

Hingula

G13

3401-3700

- 100mm

Road

100,000

100,000

984

820

986

0

20

Total

 

 

 

 

 

 

341,269

340,000