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Good demand for G-8 grade coal at May e-auction

25 Jun 2014

June 25: There was good demand for G-8 grade (GCV 4,901 to 5,200 Kcal/kg) coal offered on the MSTC platform by three subsidiaries of CIL in May 2014 as 66,200 tons were offered from which 58,510 tons got allotted at a weighted average price of Rs 2,774 per ton.

There was also similar demand for G-8 grade coal offered on the MSTC platform by three subsidiaries of CIL in April 2014 as 199,500 tons were offered from which 189,490 tons got allotted at a weighted average price of Rs 2,329 per ton.

A fair good demand was also witnessed for G-8 grade coal offered on the MSTC platform by two subsidiaries of CIL in March 2014 as 73,000 tons were offered from which 66,850 tons got allotted at a weighted average price of Rs 2,057 per ton.

Following are the details of G-8 grade e-auction in May 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered  (tons)

Qty Allotted  (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 (%)

5050

G8

STM

ECL

30-May-14

ROAD

RAJMAHAL OCP : Seam III, II & Comb, III & II Top, II Top & II Bottom

2200

2200

2,260

2,712

2,931

30

8

4901-5200

G8

n

CCL

31-May-14

ROAD

KATHARA W. REJECTS

2000

150

1,690

2,028

2,028

20

0

4901-5200

G8

n

CCL

31-May-14

ROAD

GIDI-W SLURRY

15000

15000

1,690

2,028

2,035

20

0

4901-5200

G8

n

CCL

31-May-14

ROAD

KEDLA W. SLURRY (MECHANICAL LOADING)

10000

4160

1,690

2,028

2,028

20

0

4901-5200

G8

ROM

WCL

27-May-14

ROAD

NEELJAY(S)

37000

37000

2,148

2,577

3,151

47

22

4901-5200 Total

 

 

 

 

 

 

66,200

58,510