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Coal news and updates

March e-auction sees moderate demand for G-10 grade coal

03 Apr 2014

April 3: G-10 grade coal (GCV range 4,301 and 4,600 Kcal/kg) offered through the e-auction platform of coaljunction during March saw moderate demand as 446,010 tons out of an offered quantity of 615,760 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,100/ton.

However, during February, the G-10 offering saw good demand as 225,000 tons out of an offered quantity of 325,000 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,082/ton.

In January, G-10 grade coal offered saw moderate demand as 530,458 tons out of an offered quantity of 592,178 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,017/ton. 

Following are the details of the e-auction of G10 grade in March 2014:

GCV Range

Grade / GCV Band

Size

Name of the Company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered (t)

Quantity Allotted (t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% Increase Over Reserve Price (%)

% Increase over Notified Price (%)

4301-4600

G10

ROM

SECL

14-Mar-14

Dipka Expn (Stock)

Road

200,000

200,000

1,392.00

1,160.00

2,119.67

52

83

4301-4600

G10

 

CCL

20-Mar-14

PIPARWAR SLURRY (MECHANICAL LOADING)

Road

50,000

No Bid

1,392.00

1,160.00

NA

-

-

4301-4600

G10

 

CCL

20-Mar-14

RAJRAPPA REJECTS

Road

20,000

250

1,392.00

1,160.00

1,392.00

-

20

4301-4600

G10

CRUSHED ROM

NCL

21-Mar-14

Jhingurda

Road

40,000

40,000

1,392.00

1,160.00

2,216.50

59

91

4301-4600

G10

CRUSHED ROM

NCL

21-Mar-14

Kakri

Road

50,000

50,000

1,392.00

1,160.00

2,157.73

55

86

4301-4600

G10

CRUSHED ROM

NCL

21-Mar-14

Jhingurda

Rail

70,092

70,092

1,392.00

1,160.00

1,973.11

42

70

4301-4600

G10

CRUSHED ROM

NCL

21-Mar-14

Bina

Rail

85,668

85,668

1,392.00

1,160.00

2,073.36

49

79

4301-4600

G10

STM

MCL

21-Mar-14

Basundhara

Road

50,000

No Bid

1,608.00

1,340.00

NA

-

-

4301-4600

G10

STM

MCL

21-Mar-14

Kulda

Road

50,000

No Bid

1,608.00

1,340.00

NA

-

-

4301-4600 Total

           

615,760

446,010