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G11 grade sees moderate demand in December e-auction

07 Jan 2015

January 7: Very strong demand was witnessed for G11 grade coal (GCV range 4,001 and 4,300 Kcal/kg) in December 2014 on coaljunction’s e-auction platform 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.

In fact, a very strong demand was witnessed for G11 grade coal 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.

In fact, a very strong demand was also witnessed for this grade in October 2014 as the entire offered quantity of 75,000 tons got allotted at a weighted average price of Rs 2,583/ton.

Following are the details of e-auction of G11 grade coal in December 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 in Rs/Mt

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

4001-4300

G11

 

CCL

24-Dec-14

Road

AMRAPALI COAL SALES CENTRE

200,000

139,040

950

1,140

1,141

20

0.09

4001-4300

G11

- 100mm

MCL

27-Dec-14

Road

Basundhara

200,000

200,000

950

1,140

1,141

20

0.13

4001-4300

G11

- 100mm

MCL

27-Dec-14

Road

Kulda

200,000

107,900

950

1,140

1,140

20

-

4001-4300 Total

 

 

 

 

 

 

600,000

446,940