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Coal news and updates

G9 grade sees very strong demand in July e-auction

06 Aug 2014

August 6: G9 grade coal (GCV ranging between 4,601-4,900 Kcal/kg) offered on the coaljunction platform in July 2014 met with very strong demand as the entire offered quantity of 15,140 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 3,292/ton.

Meanwhile, this grade of coal offered on the coaljunction platform in June met with good demand as out of a total offered quantity of 437,100 tons, 374,720 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,464/ton.

In May, G9 grade coal offered on the coaljunction platform 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.

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

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)

Reserve Price (Rs./t)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

4601-4900

G9

CRUROM

WCL

30-Jul-14

Pimpalgaon

ROAD

11,760

11,760

1,687.50

2,025.00

3,354.13

99

66

4601-4900

G9

CRUROM

WCL

30-Jul-14

GHONSA

ROAD

2,880

2,880

1,687.50

2,025.00

3,336.11

98

65

4601-4900

G9

 

CCL

31-Jul-14

SAWANG W REJECTS

ROAD

500

500

950.00

1,572.00

1,576.00

66

0

4601-4900 Total

 

 

 

 

 

 

15,140

15,140