Moderate demand for G3 grade coal in July e-auction
05 Aug 2014
August 5: There was moderate demand for G3 grade coal (GCV ranging between 6,400 Kcal/kg and 6,700 Kcal/kg) on the e-auction platform of coaljunction in July 2014 as 4,550 tons or 56.88% of the offered quantity of 8,000 tons got allotted at a weighted average price of Rs 4,516/ton.
On the other hand, there was strong demand for this grade on the e-auction platform of coaljunction in June 2014 as the entire offered quantity of 1,500 tons got allotted at a weighted average price of Rs 4,481/ton.
There was good demand for G3 grade coal on the e-auction platform of coaljunction in May as 94.83% of the offered quantity had got allotted. Out of a total quantity of 31,850 tons offered, 30,203 tons had got allotted and the weighted average price of the allotted quantity during the month had stood at Rs 4,895/ton.
Following are the details:
GCV Range |
Grade / GCV Band |
Size |
Name of The Company |
e-Auction Date |
Ex Location |
Mode of Despatch |
Quantity Offered (t) |
Quantity Allotted (t) |
Notified Price (Rs./t) |
Reserve Price (Rs./t) |
Reserve Price (Rs./t) |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
6401-6700 |
G3 |
STM |
SECL |
25-Jul-14 |
Rajnagar RO |
ROAD |
1,000 |
1,000 |
4,070.00 |
4,070.00 |
4,861.00 |
19 |
19 |
6401-6700 |
G3 |
STM |
SECL |
25-Jul-14 |
Jhiria UG |
ROAD |
2,000 |
2,000 |
4,070.00 |
4,070.00 |
4,826.75 |
19 |
19 |
6401-6700 |
G3 |
ROM |
SECL |
25-Jul-14 |
Haldibari |
ROAD |
5,000 |
1,550 |
3,890.00 |
3,890.00 |
3,893.23 |
0 |
0 |
Total |
|
|
8000 |
4550 |
0 |