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Coal news and updates

Good demand for G-7 grade coal in April e-auction

07 May 2014

May 7: G-7 grade coal (GCV range of 5,200-5,500 Kcal/kg) met with good demand on the coaljunction platform in April as out of the 72,000 tons of coal offered, 71,750 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,925/ton.

However, in March 2014, out of the offered quantity of 89,700 tons, 58,340 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,679/ton.

In February as out of the offered quantity of 83,350 tons, 76,260 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,902/ton.

Following are the details of the e-auction of G-7 and mixed grade coal in April 2014:

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)

Average Price in Rs/Mt

 % Increase over Notified Price (%)

 % Increase Over Reserve Price (%)

5201-5500

G7

SIZED ROM

SECL

16-Apr-14

AMGAON OC   (Stock)

ROAD

      42,000

       42,000

       1,890

       2,268

       3,156

           67

            39

5201-5500

G7

STM

WCL

23-Apr-14

MANA

ROAD

        1,500

         1,500

       2,450

       2,940

       4,056

           66

            38

5201-5500

G7

STM

WCL

23-Apr-14

NANDGAON

ROAD

        1,000

         1,000

       2,475

       2,970

       3,958

           60

            33

5201-5500

G7

SLK

SECL

28-Apr-14

Birsingpur

ROAD

        3,000

         2,750

       1,910

       2,292

       2,292

           20

            -  

5201-5500

G7

SLK

SECL

28-Apr-14

Pali

ROAD

        2,500

         2,500

       1,910

       2,292

       2,310

           21

              1

5201-5500

G7

 

CCL

30-Apr-14

RAJRAPPA-SLURRY

ROAD

      20,000

       20,000

       1,890

       2,268

       2,489

           32

            10

5201-5500

G7

 

CCL

30-Apr-14

KATHARA W. SLURRY

ROAD

        2,000

         2,000

       1,890

       2,268

       2,708

           43

            19

5201-5500 Total

 

 

 

 

 

 

72,000

71,750