Moderate demand for G-3 grade coal in March e-auction
22 Apr 2014
April 22: Moderate demand was witnessed for G-3 grade coal (GCV between 6,401 and 6,700 Kcal/kg) offered for allotment via the e-auction platform of MSTC during March 2014 as out of the offered quantity of 3,000 tons, 1,690 tons got allotted at a weighted average price of Rs 4,071 per ton.
However, good demand was witnessed for G-3 grade coal offered for allotment via the e-auction platform of MSTC during February 2014 as the entire offered quantity of 2,000 tons got allotted at a weighted average price of Rs 5,404 per ton.
On the other hand, good demand was witnessed for G-3 grade coal offered for allotment via the e-auction platform of MSTC during January 2014 as out of 69,410 tons offered by SECL, BCCL and CCL, around 58,410 tons got allotted at a weighted average price of Rs 4,070 per ton.
Following are the details of e-auction of G-3 grade coal in March 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 (%) |
6401-6700 |
G3 |
STM |
BCCL |
20-Mar-14 |
ROAD |
BASANTIMATA |
1,500 |
400 |
4,070 |
4,070 |
4,070 |
0 |
0 |
6550 |
G3 |
STM |
ECL |
31-Mar-14 |
ROAD |
LACHIPUR:: SONACHORA (R-VIII B) |
1,500 |
1,290 |
4,070 |
4,070 |
4,072 |
0.04 |
0.04 |
Total |
|
|
|
|
|
|
3,000 |
1,690 |
|
|
|
|
|