Good demand for G7 grade in Feb on coaljunction
04 Mar 2016
Good demand was witnessed in the e-auction of G7 grade (GCV ranging from 5,201 to 5,500 Kcal/kg) coal on coaljunction in February 2016 as out of the entire offering of 164,900 tons by SECL, MCL and CCL, a volume of 69,110 tons got allotted at a weighted average price of Rs 2,350 per ton, according to data available with ICMW.
Similar kind of good demand was witnessed in the e-auction of G7 grade on coaljunction in January 2016 as out of the entire offering of 107,550 tons by SECL and CCL, a volume of 67,990 tons got allotted at a weighted average price of Rs 2,401 per ton.
However, good demand was witnessed in the auction of G7 grade on coaljunction in December 2015 as out of the entire offering of 163,450 tons by WCL, SECL and CCL, a volume of 70,770 tons got allotted at a weighted average price of Rs 2,405 per ton.
Following are details of the e-auction of G7 grade coal in February 2016 on coaljunction:
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 |
STM |
MCL |
03-Feb-16 |
Orient-4 |
ROAD |
4,000 |
100 |
2,070 |
2,484 |
2,484 |
20 |
- |
5201-5500 |
G7 |
SLK |
SECL |
10-Feb-16 |
Bangwar UG (Bunker) |
ROAD |
4,000 |
100 |
1,910 |
2,292 |
2,292 |
20 |
- |
5201-5500 |
G7 |
ROM |
SECL |
10-Feb-16 |
Sharda (High Wall) (Stock) |
ROAD |
45,000 |
19,550 |
1,890 |
2,268 |
2,268 |
20 |
- |
5201-5500 |
G7 |
STM |
SECL |
24-Feb-16 |
Bangwar UG (Bunker) |
ROAD |
2,500 |
2,500 |
2,070 |
2,484 |
2,721 |
31 |
10 |
5201-5500 |
G7 |
ROM |
SECL |
24-Feb-16 |
Sharda (High Wall) (Stock) |
ROAD |
25,000 |
10,200 |
1,890 |
2,268 |
2,268 |
20 |
0.01 |
5201-5500 |
G7 |
|
CCL |
26-Feb-16 |
RAJRAPPA-SLURRY |
ROAD |
50,000 |
18,460 |
1,890 |
2,268 |
2,268 |
20 |
- |
5201-5500 |
G7 |
|
CCL |
26-Feb-16 |
KATHARA W. SLURRY (SLURRY POND HEAP NO.6) |
ROAD |
8,000 |
5,140 |
1,890 |
2,268 |
2,268 |
20 |
0.02 |
5201-5500 |
G7 |
|
CCL |
26-Feb-16 |
GIRIDIH |
ROAD |
10,000 |
10,000 |
2,070 |
2,484 |
2,649 |
28 |
7 |
5201-5500 |
G7 |
|
CCL |
26-Feb-16 |
GIDI-C |
ROAD |
16,400 |
3,060 |
2,070 |
2,484 |
2,484 |
20 |
- |
5201-5500 Total |
|
|
|
|
|
|
1,64,900 |
69,110 |
|
|
|
|
|