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High demand for G3 grade coal in August e-auction

02 Sep 2014

September 2: There was high demand for G3 grade coal (GCV ranging between 6,400 Kcal/kg and 6,700 Kcal/kg) on the e-auction platform of coaljunction in August 2014 as the entire offered quantity of 15,400 tons of coal got allotted at a weighted average price of Rs 6,002/ton.

However, there was moderate demand for G3 grade coal on the e-auction platform of coaljunction in July 2014 as 4,550 tons of the offered quantity of 8,000 tons got allotted at a weighted average price of Rs 4,516/ton.

On the other hand, similar to August, there was strong demand for this grade on the e-auction platform of coaljunction in June 2014 as the entire offered quantity of 1,500 tons got allotted at a weighted average price of Rs 4,481/ton.

Following are the details:

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Mode of Despatch

Ex Location

Quantity Offered (t)

Quantity Allotted (t)

Notified Price (Rs./t)

Reserve Price (Rs./t)

Average Price (Rs./t)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

6401-6700

G3

STM

ECL

22-Aug-14

Road

NINGHA:Dishergarh(R-IV)

1,000

1,000

4,070.00

4,070.00

6,215.00

53

53

6401-6700

G3

STM

ECL

22-Aug-14

Road

CHITRA-A OC::Saharjori / Patrika

14,000

14,000

4,070.00

4,070.00

5,992.45

47

47

6401-6700

G3

 

CCL

28-Aug-14

Road

SAUNDA

200

200

4,070.00

4,070.00

5,406.00

33

33

6401-6700

G3

 

CCL

28-Aug-14

Road

SIRKA

200

200

4,070.00

4,070.00

6,180.00

52

52

6401-6700 Total

 

 

 

 

 

 

15,400

15,400