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Good demand for mixed grade coal in April e-auction

27 May 2014

May 27: In April 2014, good demand was witnessed for mixed grade coal as out of a total quantity of 49,250 tons offered for allotment by WCL on MSTC’s e-auction platform, 32,070 tons got allotted at a weighted average price of Rs 3,118 per ton.

However, in March 2014, good demand was witnessed for mixed grade coal as out of a total quantity of 83,600 tons offered for allotment by WCL on MSTC’s e-auction platform, 69,680 tons got allotted at a weighted average price of Rs 2,669 per ton.

Meanwhile, during February 2014, out of a total quantity of 93,800 tons of mixed grade coal offered for allotment by WCL on MSTC’s e-auction platform, 49,150 tons got allotted at a weighted average price of Rs 3,023 per ton.

Following are the details of mixed grade coal e-auctioned on MSTC’s platform in April:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Qty Allotted (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 (%)

5801-6100

MIX

MIX

WCL

29-Apr-14

ROAD

Ballarpur UG (from existing stock)

9,000

-

 

 

 

 

 

5501-5800

MIX

MIX

WCL

29-Apr-14

ROAD

Neharia UG

9,000

820

2,706

2,706

2,706

-

-

4901-5500

MIX

MIX

WCL

29-Apr-14

ROAD

MAKARDHOKRA - OCM

5,000

5,000

2,290

2,748

3,708

62

35

4901-5500

MIX

MIX

WCL

29-Apr-14

ROAD

SHOBHAPUR

1,250

1,250

2,290

2,748

4,130

80

50

4901-5500

MIX

MIX

WCL

29-Apr-14

ROAD

SILEWARA AB INC.

10,000

10,000

2,290

2,748

2,897

26

5

4601-5500

MIX

MIX

WCL

29-Apr-14

ROAD

INDER UG CONV. TO OC

15,000

15,000

2,107

2,528

3,007

43

19

MIX Total

 

 

 

 

 

 

49,250

32,070