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Good demand for G-10 grade coal in June e-auction

30 Jul 2014

July 30: Good demand was witnessed in June 2014 for G-10 grade (GCV 4,301 to 4,600 Kcal/kg) coal offered by SECL, CCL and NCL for allotment through the MSTC platform as 210,000 tons got allotted out of an offered quantity of 270,000 tons at a weighted average price of Rs 2,295 per ton.

Good demand was witnessed in May 2014 for this grade offered by SECL and CCL for allotment through the same platform as 243,360 tons got allotted out of an offered quantity of 270,000 tons at a weighted average price of Rs 2,253 per ton.

However, good demand was witnessed in April 2014 for G-10 grade coal offered by NCL, CCL and MCL for allotment through the MSTC platform as 140,000 tons got allotted out of an offered quantity of 160,000 tons at a weighted average price of Rs 1,954 per ton.

Similar to April, in March fair demand was witnessed for G-10 grade coal offered by CCL and MCL for allotment through the MSTC platform as 49,980 tons got allotted out of an offered quantity of 56,250 tons at a weighted average price of Rs 1,620 per ton.

Following are the details of e-auctions of G10 grade of coal in June 2014:

GCV

Grade

Size

Company Name

Event Date

Colliery

Mode

Qty offered

Qty Alloted

(ANP) Average Notified Price (in Rs)

(ARP) Average Reserve Price (In Rs)

(AAP)  Average Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

4301-4600

G10

ROM

CCL

30-Jun-14

KDH

ROAD

10,000

10,000

1,160

1,392

2,432

110

75

4301-4600

G10

REJECTS

CCL

30-Jun-14

RAJRAPPA REJECTS

ROAD

20,000

10,000

1,160

1,392

1,392

20

-

4301-4600

G10

SLURRY

CCL

30-Jun-14

PIPARWAR SLURRY (MECHANICAL LOADING)

ROAD

50,000

-

-

-

-

   

4301-4600

G10

Steam

MCL

26-Jun-14

Basundhara

ROAD

50,000

50,000

1,340

1,608

1,991

49

24

4301-4600

G10

Steam

MCL

26-Jun-14

Kulda

ROAD

50,000

50,000

1,340

1,608

1,927

44

20

4301-4600

G10

ROM

NCL

23-Jun-14

Jhingurda

ROAD

50,000

50,000

1,160

1,392

2,698

133

94

4301-4600

G10

ROM

NCL

23-Jun-14

Kakri

ROAD

40,000

40,000

1,160

1,392

2,825

144

103

Total

 

 

 

 

 

 

270,000

210,000