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G11 grade coal sees good demand in January e-auction

06 Feb 2014

February 6: Good demand was witnessed for G11 grade coal (GCV range 4,001 and 4,300 Kcal/kg) during January as out of 515,500 tons offered by two subsidiaries of CIL, 505,480 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,826/ton.

However, during December, 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.

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.

Following are the details of e-auction of G11 grade coal in January 2014:


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 (%)

4001-4300

G11

ROM/Sized ROM

SECL

20-Jan-14

Kusmunda OC (Stock)

Road

52,500

52,500

1,140.00

950.00

1,813.52

59

91

4001-4300

G11

ROM/Sized ROM

SECL

21-Jan-14

Gevra OC(Stock)

Road

200,000

200,000

1,140.00

950.00

1,870.17

64

97

4001-4300

G11

ROM/Sized ROM

SECL

21-Jan-14

Gevra OC (Bunker)

Road

200,000

200,000

1,140.00

950.00

1,893.46

66

99

4001-4300

G11

 

CCL

31-Jan-14

PIPARWAR W.REJECTS

Road

40,000

40,000

1,140.00

950.00

1,372.21

20

44

4001-4300

G11

 

CCL

31-Jan-14

KEDLA W. REJECTS

Road

8,000

8,000

1,140.00

950.00

1,835.10

61

93

4001-4300

G11

 

CCL

31-Jan-14

GIDI W REJECTS

Road

15,000

4,980

1,140.00

950.00

1,140.00

-

20

Total

 

 

 

 

 

 

515500

505480