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New UserG11 grade coal sees very strong demand in June e-auction
07 Jul 2014
July 7: Very strong demand was witnessed for G11 grade coal (GCV range 4,001 and 4,300 Kcal/kg) 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.
Similar strong demand was witnessed for G11 grade coal during May as the entire offered quantity of 555,000 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,820/ton.
In April, demand seemed to be fair as out of 465,000 tons offered by two subsidiaries of CIL, 449,670 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,942/ton.
Following are the details of e-auction of G11 grade coal in June 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) |
Notified Price (Rs./t) |
Reserve Price (Rs./t) |
Average Price in Rs/Mt |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
|
4001-4300 |
G11 |
ROM |
SECL |
19-Jun-14 |
Gevra OC(Stock) |
Road |
300,000 |
300,000 |
950.00 |
1,140.00 |
2,169.01 |
128 |
90 |
|
4001-4300 Total |
300,000 |
300,000 |