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G9 grade coal sees strong demand in Feb e-auction

06 Mar 2014

March 6: G9 grade coal (GCV ranging between 4,601-4,900 Kcal/kg) offered on the coaljunction platform in February met with strong demand as out of a total offered quantity of 638,300 tons, 622,300 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,161/ton.

In January, the offering met with poor demand as out of a total offered quantity of 598,800 tons, only 142,700 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,144/ton.

However, in December, the offered quantity 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.

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

GCV Range

Grade / GCV Band

Size

Name of the Company

e-Auction Date

Ex Location

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 (%)

4601-4900

G9

100mm

MCL

19-Feb-14

Basundhara

Road

      22,000

          6,000

            1,572

          1,310

             1,572

                      -  

                      20

4601-4900

G9

CRUROM

WCL

21-Feb-14

NEELJAY

Road

      15,100

        15,100

            2,025

          1,688

             2,773

                      37

                      64

4601-4900

G9

CRUROM

WCL

21-Feb-14

Mungoli

Road

      46,000

        46,000

            2,025

          1,688

             2,823

                      39

                      67

4601-4900

G9

CRUROM

WCL

21-Feb-14

Ghugus OC

Road

      16,300

        16,300

            2,053

          1,711

             2,753

                      34

                      61

4601-4900

G9

CRUROM

WCL

25-Feb-14

PIMPALGAON OC

Road

      34,000

        34,000

            2,025

          1,688

             2,800

                      38

                      66

4601-4900

G9

CRUROM

WCL

25-Feb-14

KOLARPIMPRI

Road

       3,400

          3,400

            2,025

          1,688

             2,900

                      43

                      72

4601-4900

G9

CRUROM

WCL

25-Feb-14

NAIGAON (Cost Plus)

Road

      75,000

        75,000

            2,608

          2,173

             2,609

                        0

                      20

4601-4900

G9

CRUROM

WCL

25-Feb-14

THROUGH CHARGAON CHP

Road

       5,000

          5,000

            2,025

          1,688

             2,851

                      41

                      69

4601-4900

G9

ROM

CCL

28-Feb-14

BENTI COAL DUMP ASHOKA

Road

    225,000

       225,000

            1,572

          1,310

             1,897

                      21

                      45

4601-4900

G9

ROM

CCL

28-Feb-14

PIPARWAR Coal Dump

Road

    196,500

       196,500

            1,572

          1,310

             1,917

                      22

                      46

4601-4900 Total

 

 

 

 

 

 

638,300

622,300