High demand for G-9 grade coal in March e-auction
23 Apr 2014
April 23: There was good demand for G-9 grade (GCV 4,601 to 4,900 Kcal/kg) coal offered through the MSTC platform in March 2014 by CCL and WCL, as out of the 227,800 tons offered, 217,470 tons got allotted at a weighted average price of Rs 2,113 per ton.
However, there was poor demand for G-9 grade coal offered through the MSTC platform in February 2014 by CCL and WCL, as out of the 288,250 tons offered, 80,040 tons got allotted at a weighted average price of Rs 2,225 per ton.
On the other hand, there was good demand for G-9 grade coal offered through the MSTC platform in January 2014 by CCL, MCL and WCL, as out of the 509,350 tons offered, 487,350 tons got allotted at a weighted average price of Rs 1,754 per ton.
Following are the details of G9 grade e-auction in March 2014:
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 (%) |
4601-4900 |
G9 |
ROM |
CCL |
21-Mar-14 |
ROAD |
PIPARWAR Coal Dump |
169,800 |
169,800 |
1,310 |
1,572 |
2,079 |
58.66 |
32.22 |
4601-4900 |
G9 |
SLURRY |
WCL |
21-Mar-14 |
ROAD |
NANDAN WASHERY |
30,000 |
19,670 |
1,588 |
1,908 |
1,908 |
20.15 |
0 |
4601-4900 |
G9 |
CRUROM |
WCL |
21-Mar-14 |
ROAD |
KOLARPIMPRI |
5,000 |
5,000 |
1,688 |
2,025 |
2,705 |
60.27 |
33.59 |
4601-4900 |
G9 |
CRUROM |
WCL |
21-Mar-14 |
ROAD |
GHONSA |
23,000 |
23,000 |
1,688 |
2,025 |
2,410 |
42.78 |
19.02 |
Total |
227,800 |
217,470 |