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Coal news and updates

G6 grade coal sees excellent demand in July e-auction

05 Aug 2014

August 5: There was excellent demand for G6 grade coal (GCV range 5,501-5,800 Kcal/kg) on the coaljunction e-auction platform in July 2014, as the entire offered quantity of 81,290 tons got allotted at a weighted average price of Rs 4,143/ton.

There was strong demand for this G6 grade of coal on the same e-auction platform in June, with as much as 99.87% of the offered quantity getting allotted. In June 2014, out of 75,250 tons offered, 75,150 tons got allotted at a weighted average price of Rs 3,712 per ton.

On the other hand, during May 2014, out of 156,220 tons of G6 coal offered, 145,000 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 3,491/ton.

Following are the details of e-auction of G-6 grade coal during the month of July 2014:

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)

Reserve Price (Rs./t)

5501-5800

G6

ROM

SECL

16-Jul-14

Gayatri UG

ROAD

12,000

12,000

2,150.00

2,150.00

3,756.33

5501-5800

G6

STM

SECL

16-Jul-14

Rehar UG

ROAD

8,000

8,000

2,330.00

2,330.00

4,790.62

5501-5800

G6

STM

SECL

16-Jul-14

Birsingpur

ROAD

1,000

1,000

2,330.00

2,330.00

3,632.50

5501-5800

G6

STM

SECL

16-Jul-14

Pali

ROAD

3,000

3,000

2,330.00

2,330.00

4,340.67

5501-5800

G6

SLK

SECL

16-Jul-14

Pinoura

ROAD

7,000

7,000

2,170.00

2,170.00

3,679.00

5501-5800

G6

STM

SECL

16-Jul-14

Pinoura

ROAD

8,000

8,000

2,330.00

2,330.00

3,773.69

5501-5800

G6

STM

SECL

16-Jul-14

Piparia

ROAD

3,000

3,000

2,330.00

2,330.00

3,849.00

5501-5800

G6

SLK

SECL

16-Jul-14

Vindhya

ROAD

4,000

4,000

2,170.00

2,170.00

3,537.00

5501-5800

G6

STM

SECL

16-Jul-14

Vindhya

ROAD

2,000

2,000

2,330.00

2,330.00

3,926.50

5501-5800

G6

ROM

SECL

16-Jul-14

Kanchan OC (Stock)

ROAD

15,000

15,000

2,150.00

2,150.00

4,113.93

5501-5800

G6

STM

NCL

24-Jul-14

Krishnasila

ROAD

15,000

15,000

2,330.00

2,330.00

4,802.83

5501-5800

G6

STM

ECL

30-Jul-14

BEJDIH::Sripur- R -VI

ROAD

500

500

2,330.00

2,330.00

5,601.48

5501-5800

G6

STM

ECL

30-Jul-14

DABOR OCP: : Salanpur A (B-II)

ROAD

1,000

1,000

2,330.00

2,330.00

4,716.19

5501-5800

G6

SLK

WCL

30-Jul-14

NM UG

ROAD

790

790

2,610.00

2,610.00

3,702.53

5501-5800

G6

STM

BCCL

31-Jul-14

Block IV

ROAD

1,000

1,000

2,330.00

2,330.00

3,074.50

Total

 

 

 

 

 

 

81,290

81,290