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Coal news and updates

G-2 grade coal sees moderate demand in July e-

28 Aug 2014

August 28: There was moderate demand for G-2 grade (GCV of 6,701-7,000 Kcal/kg) coal offered by NEC for allotment through the e-auction platform of MSTC in July 2014, as 5,500 tons got allotted out of the offered quantity of 13,750 tons during the month at a weighted average price of Rs 4,870 per ton.

Following are the details:

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 (%)

6701-7000

G2

ROM

NEC

8-Jul-14

-

Tirap (stock on as is where is basis)

             13,750

                5,500

               4,870

               4,870

                   4,870

                     -  

                   -  

6701-7000 Total

 

 

 

 

 

 

           13,750

               5,500