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G16 grade sees strong demand in Jan e-auction

05 Feb 2015

February 5: A strong demand was witnessed for G16 grade coal (GCV range 2,501 and 2,800 Kcal/kg) in January 2015 on coaljunction’s e-auction platform as the entire offered quantity of 10,000 tons of coal, got allotted at a weighted average price of Rs 742/ton.

However, during the previous month, no such coal was offered for allotment.

Following are the details of e-auction of G16 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 (%)

2501-2800

G16

 

CCL

28-Jan-15

Road

KARGALI W REJECTS (P/L)

10,000

10,000

610

732

742

22

1

2501-2800 Total

           

10,000

10,000