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G11 sees moderate demand in March e-auction

28 Apr 2015

April 28: Moderate demand was witnessed in March 2015 for G11 grade (GCV 4,001 to 4,300 Kcal/kg) coal offered by CIL subsidiaries as out of the offered quantity of 500,000 tons of coal, 353,400 tons got allotted at a weighted average price of Rs 1,140 per ton.

However, fair demand was witnessed in February 2015 for G11 grade (GCV 4,001 to 4,300 Kcal/kg) coal offered by CIL subsidiaries as out of the offered quantity of 535,000 tons, 452,240 tons got allotted at a weighted average price of Rs 1,216 per ton.

A more or less moderate demand was witnessed in January 2015 for G11 grade (GCV 4,001 to 4,300 Kcal/kg) coal offered by CIL subsidiaries as out of the offered quantity of 670,000 tons, 422,930 tons got allotted at a weighted average price of Rs 1,140 per ton.

Following are the details of e-auction of G11 grade on MSTC in March 2015:

GCV

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

ROM

MCL

18-Mar-15

ROAD

Basundhara

3,00,000

1,60,100

950

1,140

1,140

20

0

4001-4300

G11

ROM

MCL

18-Mar-15

ROAD

Kulda

2,00,000

1,93,300

950

1,140

1,140

20

-

4001-4300 Total

 

 

 

 

 

 

5,00,000

3,53,400