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New UserG11 grade sees high demand in Nov on other platform
23 Dec 2015
India Coal Market Watch
December 23: Strong demand was witnessed in October 2015 for G11 grade (GCV 4,001 to 4,300 Kcal/kg) coal as out of the entire offered quantity of 224,000 tons on the MSTC platform by CIL subsidiaries, 184,300 tons got allotted at a weighted average price of Rs 1,170 per ton, as per data available with ICMW.
However, very strong demand was witnessed in October 2015 for G11 grade as out of the entire offered quantity of 740,000 tons on MSTC, 723,110 tons got allotted at a weighted average price of Rs 1,572 per ton.
Similar demand was witnessed in September 2015 for G11 grade coal as the entire offered quantity of 480,000 tons on MSTC got allotted at a weighted average price of Rs 1,615 per ton.
Following are the details of e-auction of G11 grade coal on MSTC in November 2015:
|
GCV Range |
Grade |
Size |
Company Name |
Event Date |
Mode |
Colliery |
Qty offered (In tons) |
Qty Alloted (In tons) |
(ANP)Average Notified Price (in Rs) |
(ARP)Average Reserve Price (In Rs) |
(AAP) Average Auctioned Price (in Rs) |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
|
4001-4300 |
G11 |
n |
CCL |
27-Nov-15 |
ROAD |
PIPARWAR W REJECTS |
40,000 |
19,890 |
950 |
1,140 |
1,141 |
20 |
0 |
|
4001-4300 |
G11 |
n |
CCL |
27-Nov-15 |
ROAD |
GIDI W REJECTS |
15,000 |
1,310 |
950 |
1,140 |
1,140 |
20 |
- |
|
4001-4300 |
G11 |
n |
CCL |
27-Nov-15 |
ROAD |
KEDLA W REJECTS (P/L) |
15,000 |
9,100 |
950 |
1,140 |
1,140 |
20 |
- |
|
4001-4300 |
G11 |
ROM |
MCL |
19-Nov-15 |
ROAD |
Chendipada |
4,000 |
4,000 |
950 |
1,140 |
1,141 |
20 |
0 |
|
4001-4300 |
G11 |
ROM |
MCL |
19-Nov-15 |
ROAD |
Kulda |
1,50,000 |
1,50,000 |
950 |
1,140 |
1,176 |
24 |
3 |
|
4001-4300 Total |
|
|
|
|
|
|
2,24,000 |
1,84,300 |
|
|
|
|
|