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G9 grade coal sees moderate demand in Dec e-auction

03 Jan 2014

January 3: G9 grade coal (GCV ranging between 4,601-4,900 kCal/kg) offered at the coaljunction platform in December met with moderate demand as out of a total offered quantity of 649,900 tons, 432,880 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,639/ton.

In November 2013, G9 grade coal offered at the coaljunction platform met with poor demand as out of a total offered quantity of 816,000 tons, 349,170 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,089/ton.

However, in October, G9 grade coal offered at the coaljunction platform met with moderate demand as out of a total offered quantity of 362,650 tons, 294,720 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,214/ton.

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

GCV Range

Grade / GCV Band

Size

Name of the company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered (t)

Quantity Allottcd (t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% Increase Over Reserve Price (%)

% Increase over Notified Price (%)

4601-4900

G9

CRUROM

WCL

23-Dec-13

GONDEGAON OC

Road

43,500

30,020

2,025

1,688

2,025

-

20

4601-4900

G9

CRUROM

WCL

24-Dec-13

Ghugus OC

Road

5,000

5,000

2,053

1,711

2,075

1

21

4601-4900

G9

CRUROM

WCL

24-Dec-13

NEELJAY

Road

30,000

2,000

2,025

1,688

2,045

1

21

4601-4900

G9

CRUROM

WCL

24-Dec-13

Mungoli

Road

50,000

26,000

2,025

1,688

2,028

0

20

4601-4900

G9

CRUROM

WCL

24-Dec-13

NAIGAON (Cost Plus)

Road

75,000

No Bid

2,608

2,173

NA

-

-

4601-4900

G9

 

CCL

27-Dec-13

SAWANG W REJECTS

Road

5,000

200

1,572

1,310

1,572

-

20

4601-4900

G9

ROM

CCL

27-Dec-13

PIPARWAR Coal Dump

Road

401,400

366,660

1,572

1,310

1,573

0

20

4601-4900

G9

- 100mm

MCL

30-Dec-13

Basundhara

Road

40,000

3,000

1,572

1,310

1,572

-

20

Total

           

649,900

432,880