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New UserModerate demand for G1 grade in Dec on coaljunction
07 Jan 2016
There was moderate demand G1 (GCV above 7,001 Kcal/kg) in December 2015 on coaljunction as out of the offered quantity of 30,000 tons by North Eastern Coalfields Ltd (NECL), a quantity of 7,570 tons got allotted at a weighted average price of Rs 5,651 per ton, according to data available with ICMW.
However, there were no offerings of G1 grades of coal on the e-auction platform of coaljunction by Coal India (CIL) subsidiaries in October and November, 2015.
Following table provides details of G1 grade coal e-auction on coaljunction in December 2015:
|
GCV Range |
Grade / GCV Band |
Size |
Name of The Company |
e-Auction Date |
Mode of Despatch |
Ex Location |
Quantity Offered(t) |
Quantity Allotted(t) |
Notified Price (Rs./t) |
Reserve Price (Rs./t) |
Average Price in Rs/Mt |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
|
>7000 |
G1 |
ROM |
NEC |
07-Dec-15 |
Tirap |
ROAD |
10,000 |
4,560 |
5,770 |
5,770 |
5,770 |
- |
- |
|
>7000 |
G1 |
ROM |
NEC |
07-Dec-15 |
Ledo OCP |
ROAD |
20,000 |
3,010 |
5,470 |
5,470 |
5,470 |
- |
- |
|
>7000 Total |
|
|
|
|
|
|
30,000 |
7,570 |
|
|
|
|
|