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Moderate demand for G-8 grade coal at Nov e-auction

30 Dec 2013

December 30: There was moderate demand for G8 grade (GCV 4,901 to 5,200 Kcal/kg) coal offered on the MSTC platform by two subsidiaries of CIL in November 2013 as 19,500 tons were offered from which 10,370 tons got allotted at a weighted average price of Rs 2,472 per ton.

However, in October, there was moderate demand for G8 grade coal offered on the MSTC platform by four subsidiaries of CIL as 112,080 tons were offered from which 73,530 tons got allotted at a weighted average price of Rs 2,320 per ton.

Following are the details of G8 grade e-auction in November 2013:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Allotted qty (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 (%)

% Qty Sold (%)

4901-5200

G8

n

CCL

29-Nov

ROAD

KARGALI W REJECTS

5000

2610

1690

2028

2028

20

0

52.2

4901-5200

G8

SLACK

WCL

27-Nov

ROAD

NANDGAON

4000

4000

1880

2256

2265

20.47

0.39

100

4901-5200

G8

CRUROM

WCL

27-Nov

ROAD

HLC OC

8000

1260

1968

2361

2361

20.01

0.01

15.75

4901-5200

G8

SLACK

WCL

27-Nov

ROAD

MANA

2500

2500

1880

2256

3326

76.91

47.43

100

Total

 

 

 

 

 

 

19500

10370