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Moderate demand for G7 grade coal in December e-auction

03 Jan 2014

January 3: G7 grade coal (GCV range of 5,200-5,500 Kcal/kg) met with moderate demand at the coaljunction platform in December as out of the offered quantity of 154,200 tons, 117,570 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,518/ton.

In November, G7 grade coal met with moderate demand at the coaljunction as out of the offered quantity of 523,160 tons, 483,150 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,517/ton.

In October, G7 grade coal met with strong demand at the coaljunction platform as out of the offered quantity of 470,440 tons, 457,560 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,870/ton.

Following are the details of e-auction of G7 and mixed grade coal in December:

GCV Range

Grade / GCV Band

Size

Name of the company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered (t)

Quantity Allottcd (t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% Increase Over Reserve Price (%)

% Increase over Notified Price (%)

5201-5500

G7

ROM

SECL

12-Dec-13

AMGAON OC

Road

40,000

40,000

2,268

1,890

2,286

1

21

5201-5500

G7

SLK

SECL

12-Dec-13

Birsingpur

Road

1,000

200

2,292

1,910

2,292

-

20

5201-5500

G7

SLK

SECL

16-Dec-13

Pali

Road

2,200

600

2,292

1,910

2,292

-

20

5201-5500

G7

SLK

SECL

16-Dec-13

Bangwar UG (Bunker)

Road

10,000

9,600

2,292

1,910

2,292

-

20

5201-5500

G7

STM

WCL

23-Dec-13

MANA

Road

1,000

1,000

2,940

2,450

3,496

19

43

5201-5500

G7

STM

WCL

23-Dec-13

NANDGAON

Road

1,000

1,000

2,970

2,475

3,517

18

42

5201-5500

G7

SLK

WCL

24-Dec-13

Tawa

Road

10,000

7,660

2,748

2,290

2,748

-

20

5201-5500

G7

SLK

WCL

24-Dec-13

Tawa II

Road

13,000

13,000

2,748

2,290

3,426

25

50

5201-5500

G7

 

CCL

27-Dec-13

RAJRAPPA-SLURRY

Road

20,000

10,630

2,268

1,890

2,268

-

20

5201-5500

G7

 

CCL

27-Dec-13

KATHARA W. SLURRY

Road

5,000

1,000

2,268

1,890

2,268

-

20

5201-5500

G7

 

CCL

27-Dec-13

GIRIDIH

Road

18,500

18,500

2,484

2,070

2,492

0

20

5201-5500

G7

 

CCL

27-Dec-13

GIDI-C

Road

23,500

14,380

2,484

2,070

2,484

-

20

5201-5500

G7

STM

MCL

30-Dec-13

Orient-4

Road

9,000

No Bid

2,484

2,070

NA

-

-

Total

           

154,200

117,570