APMDC Suliyari coal upcoming auction 1,00,000 MT for MP MSME on 1st Oct 2024 / 1st Nov 2024 & 2nd Dec 2024 @ SBP INR 2516/- per MT
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New UserG2 grade sees poor demand in Feb on coaljunction
03 Mar 2016
There was poor demand for G2 (GCV between 6,700 and 7,000 Kcal/kg) grade in February 2016 on coaljunction as out of the offered quantity of 40,000 tons, merely 1,580 tons were allotted at a weighted average price of Rs 4,870 per ton, according to data available with ICMW.
There was nil demand for G2 in January 2016 on coaljunction as there was no bid for the offered quantity of 1,000 tons.
Meanwhile, there was poor demand for G2 in December 2015 on coaljunction as out of the offered quantity of 51,000 tons by ECL and North Eastern Coalfields (NEC), only a small volume of 4,160 tons got allotted at a weighted average price of Rs 4,873 per ton.
Following are details of the e-auction of G2 grade coal in February 2016 on coaljunction:
|
GCV Range |
Grade / GCV Band |
Size |
Name of The Company |
e-Auction Date |
Ex Location |
Mode of Despatch |
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 (%) |
|
6701-7000 |
G2 |
ROM |
NEC |
25-Feb-16 |
Tikak |
ROAD |
12,000 |
1,580 |
4,870 |
4,870 |
4,870 |
- |
- |
|
6701-7000 |
G2 |
ROM |
NEC |
25-Feb-16 |
Tirap |
RAIL |
20,000 |
No Bid |
4,870 |
4,870 |
- |
- |
- |
|
6701-7000 |
G2 |
ROM |
NEC |
25-Feb-16 |
Tikak |
RAIL |
8,000 |
No Bid |
4,870 |
4,870 |
- |
- |
- |
|
6701-7000 Total |
|
|
|
|
|
|
40,000 |
1,580 |
|
|
|
|
|