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G12 meets with strong demand in April e-auction

05 May 2015

May 5: An extension of the very strong trend was witnessed for G12 grade coal (GCV of 3,701 and 4,000 Kcal/kg) on coaljunction in April 2015.

The entire offered quantity of 510,000 tons during April got allotted at a weighted average price of Rs 1,546 per ton.

The entire offered quantity of 624,000 tons during the month of March got allotted at a weighted average price of Rs 1,716 per ton.

In February too, strong demand was witnessed for this grade when the entire offered quantity of 11,24,000 tons got allotted at a weighted average price of Rs 1,642/ton.

Following are the details of e-auction of G12 grade coal in April 2015 on coaljunction:

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./Ton)

Reserve Price (Rs./Ton)

Average Price in Rs/Ton

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

3701-4000

G12

ROM

SECL

20-Apr-15

ROAD

Baroud OC

1,92,000

1,92,000

890

1,068

1,618

82

52

3701-4000

G12

ROM

SECL

20-Apr-15

ROAD

Chhal OC

1,68,000

1,68,000

890

1,068

1,607

81

50

3701-4000

G12

ROM

SECL

20-Apr-15

ROAD

Jampali OC

1,50,000

1,50,000

890

1,068

1,385

56

30

3701-4000 Total

           

5,10,000

5,10,000