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G9 grade coal meets with good demand in August e-auction

04 Sep 2013

September 4: G9 grade coal (GCV ranging between 4,601-4,900 kCal/kg) offered at the coaljunction platform in August met with good demand as 89.57% or 148,600 tons of the total offered quantity of 165,900 tons got allotted.

The weighted average price of the allotted quantity during the month stood at Rs 2,199 per ton.

In July, 84.94% or 393,340 tons of the total offered quantity of 463,100 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,010 per ton.

Following are the details of e-auction of G9 grade coal in August:

Name of the company

e-Auction Date

Month

Ex Location

Grade / GCV Band

GCV Range

Size

Mode of Despatch

Quantity Offered (t)

Quantity Allotted (t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% increase over reserve price

% increase over notified price

WCL

29-Aug-13

Aug-13

UKNI OC (Cost plus)

G9

 

CRUSH ROM

Road

50,000

50,000

2,586.00

2,155.00

2,715.97

5

26

CCL

30-Aug-13

Aug-13

PIPARWAR Coal Dump

G9

4601-4900

 

Road

98,600

98,600

1,572.00

1,310.00

1,936.91

23

48

CCL

30-Aug-13

Aug-13

PURNADIH

G9

4601-4900

 

Road

17,300

No Bid

1,572.00

1,310.00

NA

NA

Na

Total

 

 

 

 

 

 

 

165,900

148,600