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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