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G-9 grade coal sees fair demand in May e-auction

25 Jun 2014

June 25: There was a fair demand for G-9 grade (GCV 4,601 to 4,900 Kcal/kg) coal offered through the MSTC platform in May 2014 by WCL, as out of the 304,000 tons offered, 279,840 tons got allotted at a weighted average price of Rs 2,849 per ton.

A good demand was also seen for the same grade coal offered through the MSTC platform in April 2014 by CCL and WCL, as out of the 200,000 tons offered, 155,450 tons got allotted at a weighted average price of Rs 1,986 per ton.

Similarly, for G-9 grade coal offered through the MSTC platform in March 2014 by CCL and WCL, out of the 227,800 tons offered, 217,470 tons got allotted at a weighted average price of Rs 2,113 per ton.

Following are the details of G9 grade 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 (%)

4601-4900

G9

ROM

WCL

27-May-14

ROAD

THROUGH CHARGAON CHP

5000

5000

1,688

2,025

2,877

70

42

4601-4900

G9

ROM

WCL

27-May-14

ROAD

GHUGUS OC

19000

19000

1,711

2,053

2,830

65

38

4601-4900

G9

ROM

WCL

27-May-14

ROAD

NEELJAY

15000

15000

1,688

2,025

2,875

70

42

4601-4900

G9

ROM

WCL

27-May-14

ROAD

MUNGOLI

95000

95000

1,688

2,025

2,849

69

41

4601-4900

G9

ROM

WCL

27-May-14

ROAD

NAIGAON (Cost Plus)

75000

69340

2,271

2,725

2,725

20

0

4601-4900

G9

SLR

WCL

27-May-14

ROAD

Nandan Washery

20000

1500

1,590

1,908

1,908

20

0

4601-4900

G9

ROM

WCL

27-May-14

ROAD

UKNI OC (Cost Plus)

60000

60000

2,356

2,827

2,946

25

4

4601-4900

G9

ROM

WCL

27-May-14

ROAD

PIMPALGAON

10000

10000

1,688

2,025

3,002

78

48

4601-4900

G9

ROM

WCL

27-May-14

ROAD

KOLARPIMPRI

5000

5000

1,688

2,025

3,368

100

66

4601-4900 Total

 

 

 

 

 

 

304,000

279,840