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G12 grade sees very strong demand in Jan e-auction

05 Feb 2015

February 5: Very strong demand was witnessed for G12 grade coal (GCV range 3,701 and 4,000 Kcal/kg) in January 2015 on coaljunction’s e-auction platform as the entire offered quantity of 611,000 tons got allotted at a weighted average price of Rs 1,224/ton.

A similar demand was witnessed for this grade in December 2014 as the entire offered quantity of 620,000 tons got allotted at a weighted average price of Rs 1,522/ton.

Same type of demand was also seen for this grade in November as the entire offered quantity of 480,000 tons got allotted at a weighted average price of Rs 2,764/ton.

Following are the details of e-auction of G12 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 (%)

3701-4000

G12

ROM

SECL

16-Jan-15

Road

Baroud OC

46,000

46,000

890

1,068

1,118

26

5

3701-4000

G12

ROM

SECL

16-Jan-15

Road

Chhal OC

45,000

45,000

890

1,068

1,300

46

22

3701-4000

G12

ROM

SECL

21-Jan-15

Road

Manikpur OC (Stock)

100,000

100,000

890

1,068

1,527

72

43

3701-4000

G12

ROM

SECL

21-Jan-15

Road

Baroud OC

180,000

180,000

890

1,068

1,118

26

5

3701-4000

G12

ROM

SECL

21-Jan-15

Road

Chhal OC

240,000

240,000

890

1,068

1,184

33

11

3701-4000 Total

           

611,000

611,000