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New UserModerate demand for G-10 grade coal in April e-auction
28 May 2014
May 28: Good demand was witnessed in April 2014 for G-10 grade (GCV 4,301 to 4,600 Kcal/kg) coal offered by NCL, CCL and MCL for allotment through the MSTC platform as 140,000 tons got allotted out of an offered quantity of 160,000 tons at a weighted average price of Rs 1,954 per ton.
However, good demand was witnessed in March 2014 for G-10 grade coal offered by CCL and MCL for allotment through the MSTC platform as 49,980 tons got allotted out of an offered quantity of 56,250 tons at a weighted average price of Rs 1,620 per ton.
On the other hand, moderate demand was witnessed in February 2014 for G-10 grade coal offered by CCL and NCL for allotment through the MSTC platform as only 261,608 tons got allotted out of an offered quantity of 327,178 tons at a weighted average price of Rs 2,023 per ton.
Following are the details of e-auctions of G10 grade of coal in April 2014:
|
GCV |
Grade |
Size |
Company Name |
Event Date |
Mode |
Colliery |
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) |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
|
4301-4600 |
G10 |
ROM |
CCL |
28-Apr-14 |
ROAD |
KDH # |
10,000 |
10,000 |
1,160 |
1,392 |
1,698 |
46 |
22 |
|
4301-4600 |
G10 |
STM |
MCL |
26-Apr-14 |
ROAD |
Kulda |
50,000 |
30,000 |
1,336 |
1,608 |
1,608 |
20 |
- |
|
4301-4600 |
G10 |
ROM |
NCL |
15-Apr-14 |
ROAD |
Jhingurda |
50,000 |
50,000 |
1,160 |
1,392 |
2,221 |
91 |
60 |
|
4301-4600 |
G10 |
ROM |
NCL |
15-Apr-14 |
ROAD |
Kakri |
50,000 |
50,000 |
1,160 |
1,392 |
1,946 |
68 |
40 |
|
4301-4600 Total |
160,000 |
140,000 |