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High demand for G5 grade in September e-auction

09 Oct 2014

October 9: There was high demand for G5 grade coal (GCV range 5,800 to 6,100 Kcal/kg) on the e-auction platform of coaljunction in September 2014 as the entire offered quantity of 83,450 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,425/ton.

In fact, high demand was also witnessed for G5 grade in August 2014 as out of 72,950 tons offered, 72,935 tons or 99.98% got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,521/ton

In fact, there was excellent demand for G5 grade on the e-auction platform of coaljunction in July 2014 as out of 256,415 tons offered, 256,345 tons or 99.97% got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,012/ton.

Following is the detailed outcome of G5 grade coal e-auction during September:


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 (%)

5801-6100

G5

STM

NCL

12-Sep-14

Road

Block - B

71,750

71,750

2,980.00

2,980.00

4,370.86

47

47

5801-6100

G5

STM

NCL

12-Sep-14

Road

Khadia

5,000

5,000

2,980.00

2,980.00

4,997.22

68

68

5801-6100

G5

 

CCL

29-Sep-14

Road

KARO OCP

2,450

2,450

2,980.00

2,980.00

3,057.67

3

3

5801-6100

G5

 

CCL

29-Sep-14

Road

KUJU

4,250

4,250

2,980.00

2,980.00

5,463.76

83

83

5801-6100 Total

 

 

 

 

 

 

83,450

83,450