Good demand for G3 grade coal in May e-auction
04 Jun 2014
June 4: There was 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 May 2014 as 94.83% of the offered quantity got allotted. Out of a total quantity of 31,850 tons offered, 30,203 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,895/ton.
On the other hand, there was a strong demand for G3 grade coal on the e-auction platform of coaljunction in April 2014 as 99.38% of the offered quantity got allotted. Out of a total quantity of 6,500 tons offered, 6,460 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,458/ton.
Again, in March 2014, fair demand was witnessed for G3 grade coal as 97.06% of the offered quantity got allotted. Out of a total quantity of 35,000 tons offered, 33,970 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 5,266/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 Allotted (t) |
Notified Price (Rs./t) |
Reserve Price (Rs./t) |
Average Price in Rs/Mt |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
6401-6700 |
G3 |
STM |
SECL |
28-May-14 |
Rajnagar RO |
Road |
1,000 |
1,000 |
4,070 |
4,070 |
4,161 |
2 |
2 |
6401-6700 |
G3 |
STM |
SECL |
28-May-14 |
Jhiria UG |
Road |
4,000 |
4,000 |
4,070 |
4,070 |
4,221 |
4 |
4 |
6401-6700 |
G3 |
ROM |
SECL |
28-May-14 |
Jhiria UG |
Road |
1,000 |
No Bid |
3,890 |
3,890 |
NA |
||
6401-6700 |
G3 |
ROM |
SECL |
28-May-14 |
Malga |
Road |
750 |
150 |
3,890 |
3,890 |
3,890 |
- |
- |
6401-6700 |
G3 |
STM |
ECL |
29-May-14 |
NINGHA:Dishergarh(R-IV) |
Road |
1,000 |
1,000 |
4,070 |
4,070 |
4,087 |
0 |
0 |
6401-6700 |
G3 |
STM |
ECL |
29-May-14 |
CHITRA-A OC::Saharjori / Patrika |
Road |
15,000 |
15,000 |
4,070 |
4,070 |
5,434 |
34 |
34 |
6401-6700 |
G3 |
STM |
ECL |
29-May-14 |
BANSRA: : (Kenda R-VI ) |
Road |
3,600 |
3,600 |
4,070 |
4,070 |
4,101 |
1 |
1 |
6401-6700 |
G3 |
STM |
ECL |
29-May-14 |
CENTRAL KAJORA : Lower Kajora R-VIII T |
Road |
1,500 |
1,500 |
4,070 |
4,070 |
4,524 |
11 |
11 |
6401-6700 |
G3 |
STM |
ECL |
29-May-14 |
JAMBAD : KENDA (R-VI) |
Road |
2,500 |
2,453 |
4,070 |
4,070 |
5,036 |
24 |
24 |
6401-6700 |
G3 |
CCL |
29-May-14 |
SAUNDA |
Road |
1,000 |
1,000 |
4,070 |
4,070 |
4,140 |
2 |
2 |
|
6401-6700 |
G3 |
CCL |
29-May-14 |
SIRKA |
Road |
500 |
500 |
4,070 |
4,070 |
5,194 |
28 |
28 |
|
6401-6700 Total |
31,850 |
30,203 |