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Good demand for G-12 grade coal in Dec e-auction

03 Jan 2014

January 3: Good demand was witnessed for G12 (GCV between 3,700 and 4,000 Kcal/kg) grade coal offered in the e-auctions conducted on the coaljunction platform during December 2013 as 1,292,270 tons of the offered quantity of 1,300,000 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 1,281/ton.

However, in November 2013, good demand was witnessed for G12 (GCV between 3,700 and 4,000 Kcal/kg) grade coal offered in the e-auctions conducted on the coaljunction platform as 1,076,990 tons of the offered quantity of 1,150,000 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 1,267/ton.

In October, moderate demand was witnessed for G12 grade coal offered as 270,000 tons of the offered quantity of 315,800 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 1,201/ton.

Following are the details of the e-auction of G12 grade in December 2013:

GCV Range

Grade / GCV Band

Size

Name of the company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered (t)

Quantity Allottcd (t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% Increase Over Reserve Price (%)

% Increase over Notified Price (%)

3701-4000

G12

ROM

SECL

12-Dec-13

Manikpur OC

Road

70,000

70,000

1,068

890

1,312

23

47

3701-4000

G12

ROM

SECL

12-Dec-13

Baroud OC

Road

250,000

250,000

1,068

890

1,082

1

22

3701-4000

G12

ROM

SECL

12-Dec-13

Chhal OC

Road

200,000

200,000

1,068

890

1,159

9

30

3701-4000

G12

STM

MCL

30-Dec-13

Samaleshwari

Road

180,000

180,000

1,284

1,070

1,389

8

30

3701-4000

G12

STM

MCL

30-Dec-13

Lajkura

Road

70,000

70,000

1,284

1,070

1,563

22

46

3701-4000

G12

STM

MCL

30-Dec-13

Lilari

Road

30,000

30,000

1,284

1,070

1,346

5

26

3701-4000

G12

STM

MCL

30-Dec-13

Balram

Road

200,000

200,000

1,284

1,070

1,308

2

22

3701-4000

G12

STM

MCL

30-Dec-13

Hingula

Road

100,000

92,270

1,284

1,070

1,284

-

20

3701-4000

G12

- 100mm

MCL

30-Dec-13

Lingaraj

Road

50,000

50,000

1,068

890

1,322

24

49

3701-4000

G12

- 100mm

MCL

30-Dec-13

Ananta

Road

150,000

150,000

1,068

890

1,436

34

61

Total

           

1,300,000

1,292,270