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Coal news and updates

G6 grade sees very strong demand in December e-auction

07 Jan 2015

January 7: Very strong 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 December 2014, as the entire offered quantity of 94,700 tons of coal got allotted at a weighted average price of Rs 3,766/ton.

Similar high demand was witnessed for G6 grade in November 2014 as well, as out of the offered quantity of 107,570 tons, 107,530 tons got allotted at a weighted average price of Rs 4,315/ton.

In October, out of 111,220 tons of G6 coal offered by CIL’s subsidiaries, 111,157 tons got allotted at a weighted average price of Rs 4,396/ton.

Following are the details of e-auction of G-6 grade coal during December 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 in Rs/Mt

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

5501-5800

G6

SLK

SECL

15-Dec-14

Road

Rehar UG

7,000

7,000

2,170

2,170

3,435

58

58

5501-5800

G6

STM

SECL

15-Dec-14

Road

AMADAND OC

5,000

5,000

2,330

2,330

5,239

125

125

5501-5800

G6

STM

SECL

15-Dec-14

Road

Pali

5,000

5,000

2,330

2,330

3,497

50

50

5501-5800

G6

SLK

SECL

15-Dec-14

Road

Pinoura

6,000

6,000

2,170

2,170

3,420

58

58

5501-5800

G6

STM

SECL

15-Dec-14

Road

Pinoura

7,000

7,000

2,330

2,330

3,341

43

43

5501-5800

G6

STM

SECL

15-Dec-14

Road

Piparia

2,000

2,000

2,330

2,330

3,518

51

51

5501-5800

G6

SLK

SECL

15-Dec-14

Road

Vindhya

2,000

2,000

2,170

2,170

3,418

57

57

5501-5800

G6

STM

SECL

15-Dec-14

Road

Vindhya

4,000

4,000

2,330

2,330

3,516

51

51

5501-5800

G6

ROM

SECL

15-Dec-14

Road

Kanchan OC (Stock)

7,000

7,000

2,150

2,150

4,369

103

103

5501-5800

G6

SLK

SECL

16-Dec-14

Road

Damini UG (Bunker)

15,000

15,000

2,170

2,170

3,331

54

54

5501-5800

G6

STM

SECL

16-Dec-14

Road

Damini UG (Bunker)

3,000

3,000

2,330

2,330

3,540

52

52

5501-5800

G6

SLK

SECL

16-Dec-14

Road

Dhanpuri UG (Bunker)

1,500

1,500

2,170

2,170

3,298

52

52

5501-5800

G6

SLK

SECL

16-Dec-14

Road

Rajendra UG (Bunker)

14,000

14,000

2,170

2,170

3,359

55

55

5501-5800

G6

SLK

SECL

16-Dec-14

Road

Khairha UG (Bunker)

3,000

3,000

2,170

2,170

3,192

47

47

5501-5800

G6

STM

BCCL

18-Dec-14

Road

Block IV

500

500

2,330

2,330

3,626

56

56

5501-5800

G6

STM

ECL

22-Dec-14

Road

DABOR OCP: : Salanpur A (B-II)

7,000

7,000

2,330

2,330

6,540

181

181

5501-5800

G6

STM

ECL

22-Dec-14

Road

BEJDIH::Sripur- R -VI

700

700

2,330

2,330

8,572

268

268

5501-5800

G6

ROM

CCL

24-Dec-14

Road

CHURI

5,000

5,000

2,150

2,150

2,156

0

0.26

5501-5800 Total

 

 

 

 

 

 

94,700

94,700