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High demand for mixed grade coal in Dec e-auctions

30 Jan 2015

January 30: A strong demand was witnessed for mixed grade coal offered by CIL subsidiaries during December 2014 as out of 73,880 tons offered, 73,520 tons got allotted at a weighted average price of Rs 3,072 per ton.

However, poor demand was witnessed for mixed grade coal during November 2014 as out of 34,420 tons offered, only 250 tons got allotted at a weighted average price of Rs 4,979 per ton.

However, during October, no such coal was offered.

Following are the details of e-auction of mixed grade coal in December 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 (%)

4901-5800

MIX

MIX

WCL

23-Dec-14

ROAD

KUMBHARKHANI

13,250

12,890

2,482

2,646

2,646

7

-

4601-5500

MIX

MIX

WCL

23-Dec-14

ROAD

SHIVPURI OC Patches

46,740

46,740

2,106

2,528

3,278

56

30

4901-5500

MIX

MIX

WCL

23-Dec-14

ROAD

SILEWARA AB INC.

7,880

7,880

2,290

2,748

2,778

21

1

4901-5500

MIX

MIX

WCL

23-Dec-14

ROAD

BHANDEWADA

6,010

6,010

2,290

2,748

2,759

20

0.40

4901-5500 Total

 

 

 

 

 

 

73,880

73,520