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Good demand for G3 grade coal in November e-auction

04 Dec 2013

December 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 November 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.

In September, out of a total quantity of 115,984 tons that was offered, 109,984 tons got allotted at a premium of 0-35%. The weighted average price of the allotted quantity during the month stood at Rs 4,455/ton.

Following are the details:

Name of the Company

e-Auction Date

Ex Location

Grade / GCV Band

GCV Range

Size

Mode of Despatch

Quantity Offered(t)

Quantity Allocated(t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% premium over reserve price

% premium over notified price

SECL

12-Nov-13

Churcha Siding

G3

 

STM

Rail

11,682

11,682

4,070.00

4,070.00

4,706.67

15.64299754

15.64299754

SECL

12-Nov-13

Rajnagar RO Siding

G3

 

STM

Rail

58,410

58,410

4,070.00

4,070.00

4,070.00

0

0

SECL

22-Nov-13

Rajnagar RO

G3

 

STM

Road

2,000

950

4,070.00

4,070.00

4,070.00

0

0

SECL

22-Nov-13

Jhiria UG

G3

 

STM

Road

4,000

1,800

4,070.00

4,070.00

4,070.56

0.013759214

0.013759214

SECL

22-Nov-13

AMADAND UG

G3

 

STM

Road

1,500

1,500

4,070.00

4,070.00

4,864.33

19.51670762

19.51670762

CCL

27-Nov-13

SAUNDA

G3

6401-6700

 

Road

1,500

1,500

4,070.00

4,070.00

4,462.67

9.647911548

9.647911548

CCL

27-Nov-13

Bachara

G3

6401-6700

 

Road

6,750

No Bid

4,070.00

4,070.00

NA

#VALUE!

#VALUE!

ECL

29-Nov-13

NINGHA:Dishergarh(R-IV)

G3

 

STM

Road

1,200

1,200

4,070.00

4,070.00

5,156.25

26.68918919

26.68918919

ECL

29-Nov-13

CHITRA-A OC::Saharjori / Patrika

G3

 

STM

Road

20,000

20,000

4,070.00

4,070.00

4,831.80

18.71744472

18.71744472

ECL

29-Nov-13

BANSRA: : (Kenda R-VI )

G3

 

STM

Road

4,500

4,500

4,070.00

4,070.00

4,949.18

21.6014742

21.6014742

ECL

29-Nov-13

CENTRAL KAJORA : Lower Kajora R-VIII T

G3

 

STM

Road

2,000

2,000

4,070.00

4,070.00

5,274.76

29.6009828

29.6009828

ECL

29-Nov-13

JAMBAD : KENDA (R-VI)

G3

 

STM

Road

3,500

3,500

4,070.00

4,070.00

6,032.34

48.21474201

48.21474201

Total

 

 

 

 

 

 

117,042

107,042