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Good demand for G7 grade in March on other platform

26 Apr 2016

There was good demand for G7 grade (GCV ranging from 5,201 to 5,500 Kcal/kg) coal offered by subsidiaries of CIL for allotment through MSTC during March 2016 as out of the entire offered quantity of 204,300 tons, 97,270 tons got allotted at a weighted average price of Rs 2,299 per ton, as per data available with ICMW.

Very strong demand was witnessed for G7 grade offered by subsidiaries of CIL for allotment through MSTC during February 2016 as out of the entire offered quantity of 46,300 tons, 41,860 tons got allotted at a weighted average price of Rs 2,802 per ton.

On the other hand, there was low demand for G7 grade offered by subsidiaries of CIL for allotment through MSTC during January 2016 as out of the entire offered quantity of 68,000 tons, 16,600 tons got allotted at a weighted average price of Rs 2,912 per ton.

Following are details of e-auction of G7 grade on MSTC in March 2016:
 

GCV Range

Grade / GCV Band

Size

Company Name

Event Date

Mode

Colliery

Qty offered    (In tons)

Qty Alloted          (In tons)

(ANP)Average Notified Price (in Rs)

(ARP)Average Reserve Price (In Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

5201-5500

G7

n

CCL

28-Mar-16

ROAD

GIRIDIH

           10,000

           10,000

                             2,070

                              2,484

                                2,495

                             21

                          0.45

5201-5500

G7

n

CCL

22-Mar-16

ROAD

RAJRAPPA-SLURRY

           50,000

           19,040

                             1,890

                              2,268

                                2,268

                             20

                             -  

5201-5500

G7

n

CCL

22-Mar-16

ROAD

KATHARA W. SLURRY (SLURRY POND HEAP NO.6)

             8,000

            7,960

                             1,890

                              2,268

                                2,269

                             20

                          0.04

5201-5500

G7

n

CCL

22-Mar-16

ROAD

GIDI-C

             7,300

            1,270

                             2,070

                              2,484

                                2,484

                             20

                             -  

5201-5500

G7

ROM

SECL

9-Mar-16

ROAD

Amagaon OC (Stock)

           59,000

           59,000

                             1,890

                              2,268

                                2,276

                             20

                          0.34

5201-5500

G7

ROM

SECL

2-Mar-16

ROAD

Sharda (High Wall) (Stock)

           70,000

                 -  

                                 -  

                                  -  

                                     -  

                             -  

                             -  

5201-5500 Total

 

 

 

 

 

 

        204,300

         97,270