Good demand for G-10 grade coal in March e-auction
23 Apr 2014
April 23: Good demand was witnessed in March 2014 for G-10 grade (GCV 4,301 to 4,600 Kcal/kg) 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.
However, moderate demand was witnessed in February 2014 for G-10 grade coal offered by CCL and NCL for allotment through the MSTC platform as only 261,608 tons got allotted out of an offered quantity of 327,178 tons at a weighted average price of Rs 2,023 per ton.
On the other hand, poor demand was witnessed in January 2014 for G-10 grade coal offered by MCL for allotment through the MSTC platform as only 15,250 tons got allotted out of an offered quantity of 115,000 tons at a weighted average price of Rs 2,412 per ton.
Following are the details of e-auctions of G10 grade of coal in March 2014:
GCV |
Grade |
Size |
Company Name |
Event Date |
Mode |
Colliery |
Qty offered (In tons) |
Qty Allotted (In tons) |
(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 |
21-Mar-14 |
ROAD |
TETARIAKHAR |
26,250 |
26,250 |
1,160 |
1,392 |
1,629 |
40.47 |
17.06 |
4301-4600 |
G10 |
Steam |
MCL |
19-Mar-14 |
ROAD |
Bharatpur |
20,000 |
19,780 |
1,340 |
1,608 |
1,609 |
20.04 |
0.03 |
4301-4600 |
G10 |
Steam |
MCL |
19-Mar-14 |
ROAD |
Lingaraj |
10,000 |
3,950 |
1,409 |
1,608 |
1,609 |
14.17 |
0.04 |
Total |
56,250 |
49,980 |