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G8 grade sees moderate demand in Dec e-auction

07 Jan 2015

January 7: G8 grade coal (GCV range 4,900-5,200 Kcal/kg) offered by four subsidiaries of Coal India (CIL) met with moderate demand on coaljunction’s e-auction platform in December 2014. The quantity offered during the month stood at 261,000 tons while the total allotted quantity stood at 191,000 tons. The weighted average price of the allotted quantity during the month stood at Rs 2,496/ton.

However, G8 grade coal offered met with good demand in November 2014. The quantity offered during the month stood at 172,600 tons while the total allotted quantity stood at 170,150 tons. The weighted average price of the allotted quantity during the month stood at Rs 3,072/ton.

G8 grade coal met with similar fair demand on coaljunction’s platform in October 2014 as out of 40,430 tons offered, the allocated quantity stood at 39,980 tons. The weighted average price of the allotted quantity during the month stood at Rs 2,828/ton.

Following are the details of the e-auction of G8 grade coal in 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 (%)

4901-5200

G8

ROM

SECL

15-Dec-14

Road

Baroud OC

160,000

160,000

1,690

2,028

2,504

48

23

4901-5200

G8

SLK

WCL

22-Dec-14

Road

MANA

4,000

4,000

2,050

2,460

3,760

83

53

4901-5200

G8

SLK

WCL

22-Dec-14

Road

NANDGAON

2,000

2,000

2,050

2,460

3,329

62

35

4901-5200

G8

 

CCL

24-Dec-14

Road

GIDI- W SLURRY

15,000

15,000

1,690

2,028

2,028

20

-

4901-5200

G8

 

CCL

24-Dec-14

Road

KEDLA W. SLURRY

10,000

10,000

1,690

2,028

2,403

42

18

4901-5200

G8

STM

MCL

27-Dec-14

Road

HBI

70,000

No Bid

1,870

2,244

-

-

-

4901-5200 Total

 

 

 

 

 

 

261,000

191,000