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Mixed grade coal sees fair demand in August e-auction

03 Sep 2014

September 3: There was fair demand for mixed grade coal in the e-auctions conducted on the coaljunction platform during August 2014 as out of 45,970 tons offered, 41,140 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 3,692/ton.

Similarly, there was fair demand for mixed grade coal in the e-auctions conducted on the coaljunction platform during July 2014 as out of 33,225 tons offered, 27,830 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 3,804/ton.

Fair demand for mixed grade coal was also witnessed in the e-auctions conducted on the coaljunction platform during June 2014 as out of 214,950 tons offered, 179,300 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,860/ton.

Following are the details:


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 (%)

4901-5500

MIX

MIX

WCL

28-Aug-14

Road

SILEWARA AB INC.

6,870

6,870

2,290.00

2,748.00

4,099.24

79

49

5801-6100

MIX

MIX

WCL

28-Aug-14

Road

Ballarpur UG

19,000

14,170

2,916.00

2,931.00

2,931.21

1

0

5501-5800

MIX

MIX

WCL

28-Aug-14

Road

Sasti UG

6,400

6,400

2,706.00

2,721.00

4,029.44

49

48

4901-5500

MIX

MIX

WCL

28-Aug-14

Road

BHANDEWADA

3,150

3,150

2,290.00

2,748.00

3,627.52

58

32

4901-5800

MIX

MIX

WCL

28-Aug-14

Road

Kumbharkhani

3,250

3,250

2,482.00

2,646.00

4,126.31

66

56

4601-5500

MIX

MIX

WCL

28-Aug-14

Road

SHIVPURI OC Patches

5,900

5,900

2,106.00

2,528.00

4,375.66

108

73

4901-5500

MIX

MIX

WCL

28-Aug-14

Road

Shobhapur

1,400

1,400

2,290.00

2,748.00

4,110.50

79

50

MIX Total

         
 

45,970

41,140