Moderate demand for G-8 grade coal in July e-auction
29 Aug 2014
August 29: There was moderate demand for G-8 grade (GCV 4,901 to 5,200 Kcal/kg) coal offered on the MSTC platform by CCL, a subsidiary of CIL, in July 2014 as 25,000 tons were offered from which 15,480 tons got allotted at a weighted average price of Rs 2,028 per ton.
However, there was fair demand for G-8 grade coal offered on the MSTC platform by 4 subsidiaries of CIL in June 2014 as 1,45,000 tons were offered from which 123,000 tons got allotted at a weighted average price of Rs 2,557 per ton.
In May, there was good demand for G-8 grade offered on this platform by three subsidiaries of CIL as 66,200 tons were offered from which 58,510 tons got allotted at a weighted average price of Rs 2,774 per ton.
Following are the details of G-8 grade e-auction in July 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 (%) |
4901-5200 |
G8 |
n |
CCL |
28-Jul-14 |
ROAD |
GIDI-W SLURRY |
15,000 |
11,330 |
1,690 |
2,028 |
2,028 |
20 |
- |
4901-5200 |
G8 |
n |
CCL |
28-Jul-14 |
ROAD |
KEDLA W. SLURRY (P/L) |
10,000 |
4,150 |
1,690 |
2,028 |
2,028 |
20 |
- |
4901-5200 Total |
|
|
|
|
|
|
25,000 |
15,480 |
|
|
|
|
|