G11 grade coal sees strong demand in August e-auction
03 Sep 2014
September 3: Strong demand was witnessed for G11 grade coal (GCV range 4,001 and 4,300 Kcal/kg) in August 2014 as the entire offered quantity of 25,000 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,942/ton.
Similar demand was witnessed for G11 grade coal during July 2014 as out of the 369,000 tons of coal offered, 368,990 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,285/ton.
In fact, very strong demand was also witnessed for G11 grade coal during June as the entire offered quantity of 3,00,000 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,169/ton.
Following are the details of e-auction of G11 grade coal in August 2014:
GCV Range
|
Grade / GCV Band |
Size |
Name of The Company |
e-Auction Date |
Mode of Despatch |
Ex Location |
Quantity Offered (t) |
Quantity Allotted (t) |
Notified Price (Rs./t) |
Reserve Price (Rs./t) |
Average Price (Rs./t) |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
4001-4300 |
G11 |
CCL |
28-Aug-14 |
Road |
AMRAPALI COAL SALES CENTRE |
25,000 |
25,000 |
950.00 |
1,140.00 |
2,941.82 |
210 |
158 |
|
4001-4300 Total |
25,000 |
25,000 |