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G11 grade coal sees good demand in December e-auction

03 Jan 2014

January 3: Good demand was witnessed for G11 grade coal (GCV range 4,001 and 4,300 Kcal/kg) during December as out of 1,230,000 tons offered by three subsidiaries of CIL, 1,068,980 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,443/ton.

However, in November, good demand was witnessed for G11 grade coal as out of 1,255,000 tons offered by three subsidiaries of CIL, 986,030 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,505/ton.

In October, good demand was witnessed for G11 grade coal as out of 690,138 tons offered by three subsidiaries of CIL, 608,252 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,732/ton.

Following are the details of e-auction of G11 grade coal in December 2013:

GCV Range

Grade / GCV Band

Size

Name of the company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered (t)

Quantity Allottcd (t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% Increase Over Reserve Price (%)

% Increase over Notified Price (%)

4001-4300

G11

ROM (-100 mm)

SECL

16-Dec-13

Dipka Expn (Stock)

Road

100,000

100,000

1,140

950

1,988

74

109

4001-4300

G11

ROM

SECL

16-Dec-13

Gevra OC(Stock)

Road

200,000

200,000

1,140

950

1,725

51

82

4001-4300

G11

ROM (-100 mm)

SECL

16-Dec-13

Gevra OC (Bunker)

Road

100,000

100,000

1,140

950

1,788

57

88

4001-4300

G11

ROM

SECL

20-Dec-13

Kusmunda OC (Stock)

Road

60,000

60,000

1,140

950

1,665

46

75

4001-4300

G11

 

CCL

27-Dec-13

PIPARWAR W.REJECTS

Road

40,000

40,000

1,140

950

1,351

19

42

4001-4300

G11

 

CCL

27-Dec-13

KEDLA W. REJECTS

Road

15,000

15,000

1,140

950

1,585

39

67

4001-4300

G11

 

CCL

27-Dec-13

GIDI W REJECTS

Road

15,000

6,430

1,140

950

1,141

0

20

4001-4300

G11

- 100mm

MCL

30-Dec-13

Basundhara

Road

350,000

350,000

1,140

950

1,173

3

23

4001-4300

G11

- 100mm

MCL

30-Dec-13

Kulda

Road

350,000

197,550

1,140

950

1,140

-

20

Total

           

1,230,000

1,068,980