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Low demand seen for G16 in July on other platform

25 Aug 2016

Low demand was witnessed in June 2016 for grade G16 (GCV 2,501 to 2,800 Kcal/kg) coal as out of the entire quantity of 100,000 tons offered on MSTC by CIL subsidiaries, 25,500 tons got allotted at a weighted average price of Rs 768 per ton, as per data available with ICMW.

However, strong demand was witnessed in June 2016 for grade G16 as out of the entire quantity of 150,000 tons offered on MSTC by CIL subsidiaries, 76,150 tons got allotted at a weighted average price of Rs 770 per ton.

Following are details of the e-auctions of G16 grade on MSTC in July 2016:
 

GCV Range

Grade / GCV Band

Size

Client

e-Auction Date

Mode of Despatch

Ex Location

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)

(TNP)Total Notified Price (in Rs)

(TRP) Total Reserve Price (In Rs)

2501-2800

G16

n

CCL

29-Jul-16

ROAD

KARGALI W REJECTS (P/L)

         100,000

           25,500

                                640

                                768

                                768

                     16,320,000

                     19,584,000

2501-2800 Total

 

 

 

 

 

 

        100,000

         25,500