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Mixed grade coal sees fair demand in July e-auction

06 Aug 2014

August 6: 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.

A similar fair demand for mixed grade coal was 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.

Compared to June, very strong demand was witnessed for mixed grade coal offered in the e-auctions conducted on the coaljunction platform during May 2014 as the entire offered quantity of 125,550 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,981/ton.

Following are the details:

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered (t)

Quantity Allotted (t)

Notified Price (Rs./t)

Reserve Price (Rs./t)

Reserve Price (Rs./t)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

5801-6100

MIX

MIX

WCL

30-Jul-14

Ballarpur UG

ROAD

15,000

9,610

2,931.00

2,931.00

2,931.00

-

-

5501-5800

MIX

MIX

WCL

30-Jul-14

Sasti UG

ROAD

8,440

8,440

2,721.00

2,721.00

4,448.11

63

63

4901-5800

MIX

MIX

WCL

30-Jul-14

Kumbharkhani

ROAD

6,510

6,510

2,205.00

2,646.00

3,957.38

79

50

4901-5500

MIX

MIX

WCL

30-Jul-14

BHANDEWADA

ROAD

3,275

3,270

2,290.00

2,748.00

4,398.00

92

60

4901-5500 Total

 

 

 

 

 

 

33,225

27,830