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Coal news and updates

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

03 Apr 2014

April 3: G9 grade coal (GCV ranging between 4,601-4,900 Kcal/kg) offered on the coaljunction platform in March 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.

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.

However, in January, the offering met with poor demand as out of a total offered quantity of 598,800 tons, only 142,700 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,144/ton.

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

GCV Range

Grade / GCV Band

Size

Name of the Company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered (t)

Quantity Allotted (t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% Increase Over Reserve Price (%)

% Increase over Notified Price (%)

4601-4900

G9

CRUROM

WCL

19-Mar-14

Gouri CHP

Road

14,000

14,000

2,025.00

1,687.50

2,338.46

15

39

4601-4900

G9

CRUROM

WCL

19-Mar-14

Sasti OC

Road

6,500

6,500

2,025.00

1,687.50

2,465.55

22

46

4601-4900

G9

CRUROM

WCL

19-Mar-14

NEELJAY

Road

35,350

35,350

2,025.00

1,687.50

2,605.41

29

54

4601-4900

G9

CRUROM

WCL

19-Mar-14

Mungoli

Road

47,500

47,500

2,025.00

1,687.50

2,579.09

27

53

4601-4900

G9

CRUROM

WCL

20-Mar-14

NAIGAON (Cost Plus)

Road

60,000

4,900

2,608.00

2,173.33

2,608.00

-

20

4601-4900

G9

CRUROM

WCL

20-Mar-14

Ghugus OC

Road

11,000

11,000

2,053.00

1,710.83

2,241.31

9

31

4601-4900

G9

CRUROM

WCL

20-Mar-14

THROUGH CHARGAON CHP

Road

21,000

21,000

2,025.00

1,687.50

2,506.25

24

49

4601-4900

G9

CRUROM

WCL

20-Mar-14

GONDEGAON OC

Road

48,000

48,000

2,025.00

1,687.50

2,486.93

23

47

4601-4900

G9

CRUROM

WCL

20-Mar-14

Pimpalgaon

Road

11,000

11,000

2,025.00

1,687.50

2,566.27

27

52

4601-4900

G9

 

CCL

20-Mar-14

SAWANG W REJECTS

Road

2,000

No Bid

1,572.00

1,310.00

NA

-

-

4601-4900

G9

ROM

CCL

20-Mar-14

PURNADIH

Road

210,000

18,800

1,572.00

1,310.00

1,572.00

-

20

4601-4900

G9

ROM

CCL

20-Mar-14

BENTI COAL DUMP ASHOKA

Road

100,000

100,000

1,572.00

1,310.00

1,995.00

27

52

4601-4900

G9

- 100mm

MCL

21-Mar-14

Basundhara

Road

15,000

15,000

1,572.00

1,310.00

1,572.00

-

20

4601-4900 Total

           

581,350

333,050