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Coal news and updates

G16 grade attracts moderate demand in March e-auction

07 Apr 2015

April 07:  A small quantity of G16 grade (GCV between 2501 and 2801 Kcal/kg) was offered for sale through e-auction platform of coaljunction in March after a month’s gap.

Overall demand was moderate as nearly 85% or 34,080 tons of the offered quantity of 40,000 tons got allotted at weighted average price of Rs 914 per ton.

There was no offering of this grade of coal in February, but in January 2015, the entire offered quantity of 10,000 tons were allotted at weighted average of Rs. 742 per ton.

Following table provides details of G16 grade auction in March 2016:

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

2501-2800

G16

 

CCL

27-Mar-15

ROAD

KARGALI W REJECTS (P/L)

     10,000

     10,000

        610

        732

     1,351

        121

          85

 

2501-2800

G16

 

CCL

27-Mar-15

ROAD

KATHARA W. REJECTS

     30,000

     24,080

        610

        732

        733

          20

       0.10

 

2501-2800 Total

 

 

 

 

 

 

    40,000

    34,080

 

 

 

 

 

       914