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

26 Sep 2014

September 26: There was moderate demand for G-9 grade (GCV 4,601 to 4,900 Kcal/kg) coal offered through the MSTC platform in August 2014 by CCL, as out of the 500 tons offered, 300 tons got allotted at a weighted average price of Rs 1,572 per ton.

Strong demand was, however, seen in the case of this grade in July 2014, as out of the 32,500 tons offered, 32,480 tons got allotted at a weighted average price of Rs 3,007 per ton.

Similar to August, there was an average demand for G-9 grade coal offered through the MSTC platform in June 2014, as out of the 200,270 tons offered, 171,750 tons got allotted at a weighted average price of Rs 2,801 per ton.

Following are the details of G9 grade e-auction in Aug 2014:

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 (%)

4601-4900

G9

n

CCL

30-Aug-14

ROAD

SAWANG W REJECTS

500

300

1,310

1,572

1,572

20

-

4601-4900 Total

 

 

 

 

 

 

500

300