High demand for mixed grade in Jan e-auction
24 Feb 2015
February 24: Strong demand was witnessed for mixed grade coal offered by CIL subsidiaries during January 2015 as the entire offered quantity of 49,100 tons got allotted at a weighted average price of Rs 3,210 per ton.
In fact, a similar strong demand was also witnessed for the mixed grade coal offered 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.
Following are the details of e-auction of mixed grade coal in January 2015:
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 (%) |
4601-5200 |
MIX |
MIX |
WCL |
16-Jan-15 |
ROAD |
PAONI OC |
13,000 |
13,000 |
1,962 |
2,385 |
3,638 |
85 |
53 |
4601-5200 |
MIX |
MIX |
WCL |
16-Jan-15 |
ROAD |
NAVINKUNADA OC |
2,100 |
2,100 |
1,962 |
2,355 |
3,517 |
79 |
49 |
4601-5500 |
MIX |
MIX |
WCL |
16-Jan-15 |
ROAD |
SHIVPURI OC Patches |
34,000 |
34,000 |
2,106 |
2,528 |
3,028 |
44 |
20 |
MIX Total |
49,100 |
49,100 |