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High demand for G-10 grade coal in July e-auction

26 Sep 2014

September 26: Fair demand was witnessed in August 2014 for G-10 grade (GCV 4,301 to 4,600 Kcal/kg) coal offered by CCL and NCL for allotment through the MSTC platform as 153,360 tons got allotted out of an offered quantity of 163,410 tons at a weighted average price of Rs 2,470 per ton.

However, strong demand was witnessed in July 2014 for G-10 grade coal offered by CCL as 22,460 tons got allotted out of an offered quantity of 22,500 tons at a weighted average price of Rs 2,239 per ton.

In June, more or less fair demand was witnessed for this grade offered by SECL, CCL and NCL for allotment as 210,000 tons got allotted out of an offered quantity of 270,000 tons at a weighted average price of Rs 2,295 per ton.

Following are the details of e-auctions of G10 grade of coal in Aug 2014:

GCV

Grade

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 (%)

4301-4600

G10

n

CCL

30-Aug-14

ROAD

RAJRAPPA REJECTS

20,000

9,950

1,160

1,392

1,392

20

-

4301-4600

G10

ROM

NCL

12-Aug-14

ROAD

Jhingurda

60,000

60,000

1,160

1,392

2,505

116

80

4301-4600

G10

ROM

NCL

12-Aug-14

ROAD

Kakri

25,000

25,000

1,160

1,392

3,011

160

116

4301-4600

G10

ROM

NCL

12-Aug-14

RAIL

Jhingurda

58,410

58,410

1,160

1,392

2,385

106

71

4301-4600 Total

 

 

 

 

 

 

163,410

153,360