Good demand for G3 grade coal in December e-auction
03 Jan 2014
January 3: There was a good demand for G3 grade coal (GCV ranging between 6,400 Kcal/kg and 6,700 Kcal/kg) on the e-auction platform of coaljunction in December as 82.29% of the offered quantity got allotted. Out of a total quantity of 52,240 tons offered, 42,990 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,112/ton.
In November, there was good demand for G3 grade coal on the e-auction platform of coaljunction as 91.46% of the offered quantity got allotted. Out of a total quantity of 117,042 tons that was offered, 107,042 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,434/ton.
However, there was moderate demand for G3 grade coal at the e-auction platform of coaljunction in October. Out of a total quantity of 87,388 tons that was offered, 78,438 tons got allotted at a premium of 0-31%. The weighted average price of the allotted quantity during the month stood at Rs 4,148/ton.
Following are the details:
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 |
6401-6700 |
G3 |
STM |
SECL |
16-Dec-13 |
AMADAND UG |
Road |
2,000 |
2,000 |
4,070 |
4,070 |
4,982 |
6401-6700 |
G3 |
STM |
BCCL |
19-Dec-13 |
Basantimata |
Road |
5,000 |
500 |
4,070 |
4,070 |
4,070 |
6401-6700 |
G3 |
STM |
SECL |
20-Dec-13 |
Rajnagar RO |
Road |
2,000 |
850 |
4,070 |
4,070 |
4,070 |
6401-6700 |
G3 |
STM |
SECL |
20-Dec-13 |
Jhiria UG |
Road |
2,800 |
400 |
4,070 |
4,070 |
4,070 |
6401-6700 |
G3 |
STM |
SECL |
20-Dec-13 |
Malga |
Road |
1,500 |
300 |
4,070 |
4,070 |
4,070 |
6401-6700 |
G3 |
STM |
SECL |
20-Dec-13 |
Rajnagar RO Siding |
Rail |
38,940 |
38,940 |
4,070 |
4,070 |
4,070 |
Total |
|
|
|
|
|
|
52,240 |
42,990 |
|
|
|