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New UserG-7 grade coal attracts very strong demand in May e-auction
25 Jun 2014
June 25: A very strong demand was witnessed for G-7 grade (GCV ranging from 5,201 to 5,500 Kcal/kg) coal offered by two subsidiaries of CIL for allotment through the MSTC platform during May 2014 as the entire offered quantity of 28,500 tons got allotted at a weighted average price of Rs 2,504 per ton.
However, moderate demand was witnessed for G-7 grade coal offered by four subsidiaries of CIL for allotment through the MSTC platform during April 2014 as out of 75,000 tons offered, 51,940 tons got allotted at a weighted average price of Rs 2,694 per ton.
A similar moderate demand was witnessed in March for G-7 grade coal offered by two subsidiaries of CIL for allotment through the MSTC platform as out of 66,940 tons offered, 33,510 tons got allotted at a weighted average price of Rs 2,600 per ton.
Following are the details of G7 grade coal e-auction in May 2014:
|
GCV |
Grade |
Size |
Company Name |
Event Date |
Mode |
Colliery |
Qty offered (tons) |
Qty Allotted (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 (%) |
|
5201-5500 |
G7 |
n |
CCL |
31-May-14 |
ROAD |
RAJRAPPA-SLURRY |
20000 |
20000 |
1,890 |
2,268 |
2,268 |
20 |
0 |
|
5201-5500 |
G7 |
SLK |
SECL |
20-May-14 |
ROAD |
Bangwar UG (Bunker) |
4000 |
4000 |
1,910 |
2,292 |
3,288 |
72 |
43 |
|
5201-5500 |
G7 |
SLK |
SECL |
20-May-14 |
ROAD |
Birsingpur |
2000 |
2000 |
1,910 |
2,292 |
2,629 |
38 |
15 |
|
5201-5500 |
G7 |
SLK |
SECL |
20-May-14 |
ROAD |
Pali |
2500 |
2500 |
1,910 |
2,292 |
3,036 |
59 |
32 |
|
5201-5500 Total |
|
|
|
|
|
|
28,500 |
28,500 |
|
|
|
|
|