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G13 grade sees very strong demand in March e-auction

07 Apr 2015

April 07: A strong demand was witnessed for G13 grade coal (GCV 3,401 and 3,700 Kcal/kg) in the e-auctions conducted on coaljunction’s platform in March as the entire offered quantity of 296,250 tons got allotted at weighted average price of Rs 1,663 per ton.

In February also, a strong demand was witnessed for this grade of coal on the same platform as the entire offered quantity of 2,96,250 tons got allotted at a weighted average price of Rs 1,532/ton.

G13 grade of coal was not offered on coal junction platform in January 2015.

Following are the details of e-auction of G13 grade coal in March 2015:

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 (%)

WTD AVG

3401-3700

G13

(-)100mm

MCL

27-Mar-15

RAIL

BOCM Group of Siding(Belpahar OCP & Lakhanpur OCP)

1,97,500

1,97,500

820

984

1,605

96

63

 

3401-3700

G13

(-)100mm

MCL

27-Mar-15

RAIL

LOCM I/LOCM II Sidings(Samleswari OCP & Lajkura OCP)

98,750

98,750

820

984

1,780

117

81

 

3401-3700 Total

           

2,96,250

2,96,250

         

1,663