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G3 grade sees high demand in March e-auction

27 Apr 2015

April 27: Fairly high demand was witnessed for G3 grade (GCV ranging from 6,401-6,700 Kcal/Kg) coal offered for allotment via MSTC’s e-auction platform in March 2015 as out of the entire offered quantity of 43,600 tons, 37,000 tons or 84.86% got allotted but at a reduced weighted average price of Rs 4,516 per ton.

In February, fairly high demand was witnessed for G3 grade on the same platform as out of the entire offered quantity of 30,600 tons, 28,570 tons got allotted but at a weighted average price of Rs 6,507 per ton.

A similar picture was witnessed for G3 grade offered during the month of January as out of the entire offered quantity of 25,220 tons, 24,320 tons got allotted at a weighted average price of Rs 5,495 per ton.

Following are the details of G3 grade e-auctions on MSTC in March 2015:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Qty Alloted (In tons)

(ANP)Average Notified Price (in Rs)

(ARP)Average Reserve Price (In Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

WTD AVG

6401-6700

G3

STM

ECL

27-Mar-15

ROAD

CENTRAL KAJORA : Lower Kajora R-VIII T

2,500

2,500

4,070

4,070

5,823

43

43

 

6401-6700

G3

STM

ECL

27-Mar-15

ROAD

NINGHA: Dishergarh(R-IV)

500

500

4,070

4,070

6,781

67

67

 

6401-6700

G3

STM

ECL

27-Mar-15

ROAD

CHITRA OCP::COLONY

25,000

25,000

4,070

4,070

4,081

0

0

 

6401-6700

G3

n

CCL

30-Mar-15

ROAD

BACHRA

2,000

-

-

-

-

-

-

 

6401-6700

G3

n

CCL

30-Mar-15

ROAD

SAUNDA

1,500

1,500

4,070

4,070

5,360

32

32

 

6401-6700

G3

n

CCL

25-Mar-15

ROAD

RELIGARA

6,100

6,100

4,070

4,070

5,511

35

35

 

6401-6700

G3

ROM

SECL

21-Mar-15

ROAD

Haldibari

6,000

1,400

3,890

3,890

3,891

0

0

 

6401-6700 Total

           

43,600

37,000

         

4,516