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 |