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Coal news and updates

G-9 grade coal sees moderate demand in April e-auction

07 May 2014

May 7: G9 grade coal (GCV ranging between 4,601-4,900 Kcal/kg) offered on the coaljunction platform in April met with moderate demand as out of a total offered quantity of 554,250 tons, 509,700 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,459/ton.

In March 2014, the offering met with moderate demand as out of a total offered quantity of 581,350 tons, 333,050 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,263/ton.

However, in February, the offering met with strong demand as out of a total offered quantity of 638,300 tons, 622,300 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,161/ton.

Following are the details of e-auction of G9 grade coal in April:

GCV Range

Grade / GCV Band

Size

Name of the Company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered(t)

Quantity Allotted(t)

Notified Price (Rs./t)

Reserve Price (Rs./t)

Average Price in Rs/Mt

 % Increase over Notified Price (%)

 % Increase Over Reserve Price (%)

4601-4900

G9

CRUROM

WCL

23-Apr-14

Gouri CHP

ROAD

        3,750

         3,750

       1,688

       2,025

       2,617

           55

            29

4601-4900

G9

CRUROM

WCL

23-Apr-14

Sasti OC

ROAD

      30,000

       30,000

       1,688

       2,025

       2,722

           61

            34

4601-4900

G9

CRUROM

WCL

30-Apr-14

Ghugus OC

ROAD

      10,000

       10,000

       1,711

       2,053

       2,677

           56

            30

4601-4900

G9

CRUROM

WCL

30-Apr-14

NEELJAY

ROAD

      35,000

       35,000

       1,688

       2,025

       2,652

           57

            31

4601-4900

G9

CRUROM

WCL

30-Apr-14

Mungoli

ROAD

      60,000

       60,000

       1,688

       2,025

       2,793

           66

            38

4601-4900

G9

CRUROM

WCL

30-Apr-14

NAIGAON (Cost Plus)

ROAD

      75,000

       75,000

       2,173

       2,608

       2,619

           21

              0

4601-4900

G9

CRUROM

WCL

30-Apr-14

THROUGH CHARGAON CHP

ROAD

      27,000

       27,000

       1,688

       2,025

       2,783

           65

            37

4601-4900

G9

CRUROM

WCL

30-Apr-14

UKNI OC (Cost plus)

ROAD

      40,000

       40,000

       2,356

       2,827

       3,031

           29

              7

4601-4900

G9

CRUROM

WCL

30-Apr-14

Pimpalgaon

ROAD

        1,500

         1,500

       1,688

       2,025

       2,958

           75

            46

4601-4900

G9

CRUROM

WCL

30-Apr-14

KOLARPIMPRI

ROAD

        5,000

         5,000

       1,688

       2,025

       3,384

         101

            67

4601-4900

G9

CRUROM

WCL

30-Apr-14

GHONSA

ROAD

        5,000

         5,000

       1,688

       2,025

       2,799

           66

            38

4601-4900

G9

SLURRY

WCL

30-Apr-14

NANDAN WASHERY

ROAD

      44,550

 No Bid

       1,590

       1,908

 NA

 

 

4601-4900

G9

ROM

CCL

30-Apr-14

PIPARWAR Coal Dump

ROAD

    217,450

     217,450

       1,310

       1,572

       2,054

           57

            31

4601-4900 Total

 

 

 

 

 

 

554,250

509,700