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Moderate demand for G-8 grade in Sept e-auction

31 Oct 2014

October 31: Moderate demand was witnessed for G-8 grade (GCV 4,901 to 5,200 Kcal/kg) coal offered on the MSTC platform by CCL, WCL and SECL in September 2014 as out of 61,230 tons offered, 47,900 tons got allotted at a weighted average price of Rs 2,568 per ton.

However, there was poor demand for this grade offered by CCL in August 2014 as 500 tons were offered from which only 200 tons got allotted at a weighted average price of Rs 2,028 per ton.

Similar to September, there was moderate demand for G-8 grade 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.

Following are the details of G-8 grade e-auction in September 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

30-Sep-14

ROAD

KARO OCP

1,230

1,230

1,690

2,028

2,228

32

10

4901-5200

G8

n

CCL

30-Sep-14

ROAD

GIDI-W SLURRY

25,000

19,210

1,690

2,028

2,028

20

-

4901-5200

G8

n

CCL

30-Sep-14

ROAD

KEDLA W. SLURRY (P/L)

15,000

7,460

1,690

2,028

2,028

20

0

4901-5200

G8

CRUROM

WCL

30-Sep-14

ROAD

MORPAR UG

10,000

10,000

2,030

2,577

2,706

33

5

4901-5200

G8

SLACK

WCL

30-Sep-14

ROAD

MANA

2,000

2,000

2,050

2,460

3,997

95

62

4901-5200

G8

SLACK

WCL

30-Sep-14

ROAD

NANDGAON

2,000

2,000

2,050

2,460

3,990

95

62

4901-5200

G8

ROM

SECL

26-Sep-14

ROAD

Dharam UG

6,000

6,000

1,690

2,028

3,859

128

90

4901-5200 Total

 

 

 

 

 

 

61,230

47,900