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Coal news and updates

G9 grade coal sees strong demand in May e-auction

04 Jun 2014

June 4: G9 grade coal (GCV ranging between 4,601-4,900 Kcal/kg) offered on the coaljunction platform in May met with strong demand as out of a total offered quantity of 454,950 tons, 434,950 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,135/ton.

In April, the offering met with moderate demand as out of a total offered quantity of 554,250 tons, 509,700 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,459/ton.

However, in March 2014, the offering met with moderate demand as out of a total offered quantity of 581,350 tons, 333,050 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,263/ton.

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

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Ex Location

Mode of Despatch

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 (%)

4601-4900

G9

CRUROM

WCL

21-May-14

Gouri CHP

Road

15,000

15,000

1,688

2,025

2,672

58

32

4601-4900

G9

CRUROM

WCL

21-May-14

Sasti OC

Road

15,000

15,000

1,688

2,025

2,742

63

35

4601-4900

G9

CRUROM

WCL

23-May-14

GONDEGAON OC

Road

20,000

20,000

1,688

2,025

3,040

80

50

4601-4900

G9

SLURRY

WCL

23-May-14

NANDAN WASHERY

Road

30,000

10,000

1,590

1,908

1,908

20

-

4601-4900

G9

CRUROM

WCL

23-May-14

GHONSA

Road

5,000

5,000

1,688

2,025

2,959

75

46

4601-4900

G9

ROM

CCL

29-May-14

PURNADIH

Road

50,000

50,000

1,310

1,572

1,597

22

2

4601-4900

G9

ROM

CCL

29-May-14

BENTI COAL DUMP ASHOKA

Road

100,000

100,000

1,310

1,572

2,100

60

34

4601-4900

G9

ROM

CCL

29-May-14

PIPARWAR Coal Dump

Road

219,950

219,950

1,310

1,572

2,104

61

34

4601-4900 Total

           

454,950

434,950