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Coal news and updates

Good demand for G7 grade coal in June e-auction

07 Jul 2014

July 7: G7 grade coal (GCV range of 5,200-5,500 Kcal/kg) met with good demand on the coaljunction platform in June as out of the 33,300 tons offered, 27,060 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,997/ton.

Similar demand was witnessed for the same grade of coal in May as out of 188,500 tons offered, 168,800 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,815/ton.

This same grade of coal also met with good demand on the coaljunction platform in April as out of the 72,000 tons offered, 71,750 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,925/ton.

Following are the details of the e-auction of G7 and mixed grade coal in June 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

SLK

SECL

19-Jun-14

Birsingpur

Road

800

800

1,910.00

2,292.00

2,977.00

56

30

5201-5500

G7

SLK

SECL

19-Jun-14

Pali

Road

2,500

2,500

1,910.00

2,292.00

3,397.00

78

48

5201-5500

G7

SLK

SECL

19-Jun-14

Bangwar UG (Bunker)

Road

4,000

4,000

1,910.00

2,292.00

3,469.25

82

51

5201-5500

G7

STM

WCL

25-Jun-14

MANA

Road

2,000

2,000

2,450.00

2,940.00

4,180.80

71

42

5201-5500

G7

STM

WCL

25-Jun-14

NANDGAON

Road

500

460

2,475.00

2,970.00

4,068.26

64

37

5201-5500

G7

SLK

WCL

25-Jun-14

Tawa

Road

7,000

4,200

2,290.00

2,748.00

2,748.00

20

-

5201-5500

G7

SLK

WCL

27-Jun-14

Tawa II

Road

2,500

2,500

2,290.00

2,748.00

3,082.80

35

12

5201-5500

G7

 

CCL

27-Jun-14

GIDI-C

Road

4,750

4,750

2,070.00

2,484.00

2,597.52

25

5

5201-5500

G7

 

CCL

27-Jun-14

GIRIDIH

Road

9,250

5,850

2,070.00

2,484.00

2,484.00

20

-

5201-5500 Total

           

33,300

27,060