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G-3 grade coal sees moderate demand in June e-auction

30 Jul 2014

July 30: There was moderate demand for G-3 grade (GCV of 6,401-7,000 Kcal/kg) coal offered by SECL and ECL for allotment through the e-auction platform of MSTC in June 2014, as 10,700 tons got allotted out of the offered quantity of 15,850 tons during the month at a weighted average price of Rs 5,384 per ton

There was no coal of this grade offered on the MSTC platform in May but a strong demand was witnessed for this coal via the e-auction platform during April 2014 as out of the offered quantity of 22,500 tons, a total of 22,460 tons got allotted at a weighted average price of Rs 5,911 per ton.

Moderate demand was witnessed for G-3 grade coal offered for allotment during March 2014 as out of the offered quantity of 3,000 tons, 1,690 tons got allotted at a weighted average price of Rs 4,071 per ton.

Following are the details of G-3 grade coal e-auctioned on MSTC’s platform in June 2014:

Grade

Size

Company Name

Event Date

Colliery

Mode

Qty offered

Qty Alloted

(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 (%)

G3

STM

SECL

28-Jun-14

Rajnagar RO

ROAD

1,000

1,000

4,070

4,070

4,418

9

9

G3

ROM

SECL

28-Jun-14

Malga

ROAD

750

500

3,890

3,890

3,890

-

-

G3

ROM

SECL

28-Jun-14

Haldibari

ROAD

5,000

100

3,890

3,890

3,890

-

-

G3

STM

ECL

27-Jun-14

CHITRA-A OC: :Saharjori / Patrika

ROAD

5,000

5,000

4,070

4,070

6,120

50

50

G3

STM

ECL

27-Jun-14

BANSRA: : ( Kenda R-VI )

ROAD

3,100

3,100

4,070

4,070

4,821

18

18

G3

STM

ECL

27-Jun-14

NINGHA: Dishergarh(R-IV)

ROAD

1,000

1,000

4,070

4,070

5,307

30

30

Total

 

 

 

 

 

15,850

10,700