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Coal news and updates

G6 grade sees high demand in Oct e-auction

05 Nov 2014

November 5: High demand was witnessed for G6 grade coal (GCV range 5,501-5,800 Kcal/kg) offered by CIL’s subsidiaries on coaljunction’s e-auction platform in October 2014, as out of the offered quantity of 111,220 tons, 111,157 tons got allotted at a weighted average price of Rs 4,396/ton.

In fact, excellent demand was seen for G6 grade in September 2014, as the entire offered quantity of 15,000 tons got allotted at a weighted average price of Rs 5,047/ton.

There was also excellent demand for the grade on coaljunction in August 2014, as the entire offered quantity of 46,700 tons got allotted at a weighted average price of Rs 4,246/ton.

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

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 (Rs./t)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

5501-5800

G6

STM

BCCL

20-Oct-14

ROAD

Block IV

1,000

1,000

2,330

2,330

2,359

1

1

5501-5800

G6

STM

ECL

27-Oct-14

ROAD

DABOR OCP: : Salanpur A (B-II)

6,000

5,957

2,330

2,330

5,489

136

136

5501-5800

G6

STM

ECL

27-Oct-14

ROAD

BEJDIH::Sripur- R -VI

750

750

2,330

2,330

7,766

233

233

5501-5800

G6

ROM

SECL

27-Oct-14

ROAD

Gayatri UG

8,000

8,000

2,150

2,150

5,199

142

142

5501-5800

G6

STM

SECL

27-Oct-14

ROAD

AMADAND OC

5,000

5,000

2,330

2,330

5,267

126

126

5501-5800

G6

SLK

SECL

27-Oct-14

ROAD

Pinoura

7,000

7,000

2,170

2,170

3,661

69

69

5501-5800

G6

ROM

SECL

27-Oct-14

ROAD

Kanchan OC (Stock)

10,000

10,000

2,150

2,150

4,004

86

86

5501-5800

G6

SLK

SECL

27-Oct-14

ROAD

Damini UG (Bunker)

11,000

11,000

2,170

2,170

3,700

71

71

5501-5800

G6

SLK

SECL

27-Oct-14

ROAD

Dhanpuri UG (Bunker)

1,500

1,500

2,170

2,170

3,920

81

81

5501-5800

G6

SLK

SECL

27-Oct-14

ROAD

Rajendra UG (Bunker)

8,000

8,000

2,170

2,170

3,990

84

84

5501-5800

G6

STM

SECL

27-Oct-14

ROAD

Amlai OC (Stock)

8,500

8,500

2,330

2,330

5,119

120

120

5501-5800

G6

SLK

SECL

27-Oct-14

ROAD

Khairha UG (Bunker)

2,000

2,000

2,170

2,170

3,916

80

80

5501-5800

G6

STM

SECL

27-Oct-14

ROAD

Dhanpuri OC

11,000

11,000

2,330

2,330

5,193

123

123

5501-5800

G6

ROM

CCL

28-Oct-14

ROAD

CHURI

2,420

2,420

2,150

2,150

2,239

4

4

5501-5800

G6

STM

WCL

30-Oct-14

ROAD

SILEWARA

300

300

2,770

2,770

5,223

89

89

5501-5800

G6

STM

WCL

30-Oct-14

ROAD

PATANSAONGI

4,000

3,980

2,770

2,770

3,894

41

41

5501-5800

G6

STM

WCL

30-Oct-14

ROAD

Saoner U/G I

4,700

4,700

2,770

2,770

4,237

53

53

5501-5800

G6

STM

WCL

30-Oct-14

ROAD

Saoner U/G II

8,000

8,000

2,770

2,770

3,860

39

39

5501-5800

G6

STM

WCL

30-Oct-14

ROAD

Saoner U/G III

8,000

8,000

2,770

2,770

4,216

52

52

5501-5800

G6

STM

WCL

31-Oct-14

ROAD

Tawa

750

750

2,770

2,835

4,871

76

72

5501-5800

G6

STM

WCL

31-Oct-14

ROAD

Tawa II

3,300

3,300

2,770

2,835

5,005

81

77

5501-5800 Total

           

111,220

111,157