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 |
|
|
|
|
|