Mixed trend seen for G11 grade in April e-auction
05 May 2015
May 5: As in March, a mixed trend continued for G11 grade offered by CCL, a subsidiary of CIL, for sale through the e-auction platform of coaljunction in April even as the average weighted price realised softened a bit.
The entire offering of 100,000 tons of G11 grade during the month was allotted at a weighted average price of Rs 1,208 per ton.
A total of 372,000 tons of G11 grade was offered during the month of March and nearly 98% or 361,900 tons got allotted at a weighted average price of Rs 1,766 per ton.
In February, the entire offered quantity of 882,000 tons of this grade was allotted at a weighted average price of Rs 1,861 per ton.
Following are the details of e-auction of G11 grade coal in March 2015 on coaljunction:
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./Ton) |
Reserve Price (Rs./Ton) |
Average Price in Rs/Ton |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
4001-4300 |
G11 |
ROM |
CCL |
23-Apr-15 |
ROAD |
Tetariakhar |
1,00,000 |
1,00,000 |
950 |
1,140 |
1,208 |
27 |
6 |
4001-4300 Total |
1,00,000 |
1,00,000 |