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Good demand for G-3 grade coal in Jan e-auction

24 Feb 2014

February 24: Good demand was witnessed for G-3 grade coal (GCV between 6,401 and 6,700 Kcal/kg) offered for allotment via the e-auction platform of MSTC during January 2014 as out of 69,410 tons offered by SECL, BCCL and CCL, around 58,410 tons got allotted at a weighted average price of Rs 4,070 per ton.

However, good demand was witnessed for G-3 grade coal offered for allotment via the e-auction platform of MSTC during December 2013 as out of 36,200 tons offered by ECL and CCL, around 28,200 tons got allotted at a weighted average price of Rs 5,440 per ton.

On the other hand, during November, out of 7,500 tons of coal offered by BCCL, only around 1,000 tons got allotted at a weighted average price of Rs 4,070 per ton.

Following are the details of e-auction of G-3 grade coal in January 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Allotted qty (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 (%)

6401-6700

G3

n

CCL

29-Jan-14

ROAD

BACHRA

8000

0

 

 

 

 

 

6401-6700

G3

STEAM

BCCL

21-Jan-14

ROAD

BASANTIMATA

3000

0

 

 

 

 

 

6401-6700

G3

STM

SECL

10-Jan-14

RAIL

Rajnagar RO Siding

58410

58410

4,070

4,070

4,070

0.00

0.00

 

 

 

 

 

 

 

69410

58410