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Coal news and updates

G11 grade sees fair demand in January e-auction

05 Feb 2015

February 5: Fair demand was witnessed for G11 grade coal (GCV range 4,001 and 4,300 Kcal/kg) in January 2015 on coaljunction’s e-auction platform as out of the offered quantity of 882,000 tons of coal, 755,550 tons got allotted at a weighted average price of Rs 1,685/ton.

In December, very strong demand was witnessed for this grade as out of the offered quantity of 600,000 tons of coal, 446,940 tons got allotted at a weighted average price of Rs 1,141/ton.

Very strong demand was also witnessed in November 2014 on this platform as the entire offered quantity of 170,000 tons got allotted at a weighted average price of Rs 2,144/ton.

Following are the details of e-auction of G11 grade coal in January 2015:

GCVRange

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 in Rs/Mt

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

4001-4300

G11

ROM

SECL

21-Jan-15

Road

Dipka Expn

180,000

180,000

950

1,140

1,993

110

75

4001-4300

G11

ROM

SECL

21-Jan-15

Road

Gevra OC (Stock)

430,000

430,000

950

1,140

1,739

83

53

4001-4300

G11

 

CCL

28-Jan-15

Road

PIPARWAR W.REJECTS

40,000

40,000

950

1,140

1,143

20

0

4001-4300

G11

 

CCL

28-Jan-15

Road

GIDI W REJECTS

15,000

5,700

950

1,140

1,140

20

-

4001-4300

G11

 

CCL

28-Jan-15

Road

KEDLA W. REJECTS

17,000

17,000

950

1,140

1,179

24

3

4001-4300

G11

 

CCL

28-Jan-15

Road

AMRAPALI COAL SALES CENTRE

200,000

82,850

950

1,140

1,140

20

-

4001-4300 Total

           

882,000

755,550