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Moderate demand for G-10 grade coal in May e-auction

25 Jun 2014

June 25: A moderate demand was witnessed in May 2014 for G-10 grade (GCV 4,301 to 4,600 Kcal/kg) coal offered by SECL and CCL for allotment through the MSTC platform as 243,360 tons got allotted out of an offered quantity of 270,000 tons at a weighted average price of Rs 2,253 per ton.

However, good demand was witnessed in April 2014 for G-10 grade 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.

Similar to April, in March also a fair demand was witnessed 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.

Following are the details of e-auctions of G10 grade of coal in May 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (tons)

Qty Allotted (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

n

CCL

31-May-14

ROAD

RAJRAPPA REJECTS

20000

12360

1,160

1,392

1,392

20

0

4301-4600

G10

n

CCL

31-May-14

ROAD

PIPARWAR SLURRY (MECHANICAL LOADING)

50000

31000

1,160

1,392

1,392

20

0

4301-4600

G10

ROM

SECL

20-May-14

ROAD

Dipka Expn (Stock)

200000

200000

1,160

1,392

2,439

110

75

4301-4600 Total

 

 

 

 

 

 

270,000

243,360