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High demand for G-11 grade coal in Aug e-auction

26 Sep 2014

September 26: Very strong demand was witnessed in August 2014 for G-11 grade (GCV 4,001 to 4,300 Kcal/kg) coal offered by CCL for allotment through the MSTC platform as the entire offered quantity of 53,000 tons got allotted at a weighted average price of Rs 2,402 per ton.

Similar demand was witnessed in July 2014 for this grade as the entire offered quantity of 42,500 tons got allotted at a weighted average price of Rs 2,723 per ton.

However, a slightly lower demand was witnessed in June for G-11 grade of coal offered by SECL, CCL and MCL for allotment through the MSTC platform as out of an offered quantity of 415,000 tons, 405,350 tons got allotted at a weighted average price of Rs 2,116 per ton.

Following are the details of e-auctions of G-11 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 (%)

4001-4300

G11

n

CCL

30-Aug-14

ROAD

GIDI W REJECTS

20,000

20,000

950

1,140

1,927

103

69

4001-4300

G11

n

CCL

30-Aug-14

ROAD

KEDLA W REJECTS (P/L)

8,000

8,000

950

1,140

2,374

150

108

4001-4300

G11

n

CCL

30-Aug-14

ROAD

PIPARWAR W REJECTS

25,000

25,000

950

1,140

2,792

194

145

4001-4300 Total

 

 

 

 

 

 

53,000

53,000