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G8 grade coal finds moderate demand in November e-auction

04 Dec 2013

December 4: G8 grade coal (GCV range 4,900-5,200 Kcal/kg) offered by six subsidiaries of CIL met with moderate demand during November 2013 as 47.18% of the total offered quantity of 228,452 tons got allotted. The total allotted quantity stood at 107,792 tons whereas the weighted average price of the allotted quantity during the month stood at Rs 2,242/ton.

However, in October, G8 grade coal offered by four subsidiaries of CIL met with moderate demand as 61.29% of the total offered quantity of 194,400 tons got allotted. The total allotted quantity stood at 119,140 tons whereas the weighted average price of the allotted quantity during the month stood at Rs 2,297/ton.

On the other hand, in September, coal offered by four subsidiaries of CIL met with moderate demand as 58.27% of the total offered quantity of 157,380 tons got allotted. The total allotted quantity stood at 91,710 tons whereas the weighted average price of the allotted quantity during the month stood at Rs 2,138/ton.

Following are the details of the e-auction of G8 grade coal:

Name of the Company

e-Auction Date

Ex Location

Grade / GCV Band

GCV Range

Size

Mode of Despatch

Quantity Offered(t)

Quantity Allocated(t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% premium over reserve price

% premium over notified price

SECL

12-Nov-13

Baroud OC

G8

 

Sized ROM

Road

54,000

32,700

2,028

1,690

2,028

0

20

WCL

26-Nov-13

MOHAN 9/10 Mouri.Inc

G8

 

STM

Road

4,500

4,500

2,448

2,040

2,947

20

44

WCL

26-Nov-13

PAONI OC

G8G9

 

MIX

Road

5,000

5,000

2,200

1,833

2,804

27

53

NCL

26-Nov-13

Krishnashila

G8

 

Crushed ROM

Rail

31,152

31,152

2,028

1,690

2,188

8

29

MCL

26-Nov-13

Orient-2

G8

4901-5200

STM

Road

6,000

6,000

2,244

1,870

2,244

0

20

MCL

26-Nov-13

Orient-3

G8

4901-5200

STM

Road

3,000

3,000

2,244

1,870

2,244

0

20

MCL

26-Nov-13

HBI

G8

4901-5200

STM

Road

60,000

No Bid

2,244

1,870

NA

NA

NA

CCL

27-Nov-13

GIDI- W SLURRY

G8

4901-5200

 

Road

10,000

3,070

2,028

1,690

2,028

0

20

CCL

27-Nov-13

KATHARA W. REJECTS

G8

4901-5200

 

Road

10,000

2,970

2,028

1,690

2,028

0

20

CCL

27-Nov-13

KEDLA W. REJECTS

G8

4901-5200

 

Road

10,000

6,500

2,028

1,690

2,028

0

20

WCL

28-Nov-13

Sarni

G8

 

SLK

Road

4,500

4,500

2,256

1,880

2,265

0

20

WCL

28-Nov-13

Murpar UG

G8

 

CRU ROM

Road

5,000

No Bid

2,361

1,968

NA

NA

NA

WCL

28-Nov-13

NEELJAY(S)

G8

 

CRU ROM

Road

20,000

3,100

2,361

1,968

2,361

0

20

ECL

29-Nov-13

RAJMAHAL OCP : Seam III, II & Comb, III & II Top, II Top & II Bottom

G8

 

STM

Road

5,300

5,300

2,604

2,170

3,178

22

46

Total

 

 

 

 

 

 

228,452

107,792