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Moderate demand for G7 grade coal in November e-auction

04 Dec 2013

December 4: G7 grade coal (GCV range of 5,200-5,500 Kcal/kg) met with moderate demand at the coaljunction platform in November 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.

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

In September, there was a strong demand for G7 grade coal as the entire offered quantity of 10,000 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,851/ton.

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

Name of the Company

e-Auction Date

Ex Location

Grade / GCV Band

GCV Range

Size

Mode of Despatch

Quantity Offered(t)

Quantity Allocated(t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% premium over reserve price

% premium over notified price

SECL

12-Nov-13

Birsingpur

G7

 

SLK

Road

1,200

100

2,292.00

1,910.00

2,292.00

0

20

SECL

22-Nov-13

AMGAON OC

G7

Sized ROM

ROM

Road

40,000

40,000

2,268.00

1,890.00

2,652.98

17

40

WCL

26-Nov-13

URDHAN OCM (Cost Plus)

G7G9

 

MIX

Road

10,000

1,580

2,830.00

2,358.33

2,830.00

0

20

WCL

26-Nov-13

SHIVPURI OC Patches

G7G9

 

MIX

Road

50,000

33,060

2,328.00

1,940.00

2,328.33

0

20

WCL

26-Nov-13

BHANDEWADA

G7G8

 

MIX

Road

8,500

3,950

2,530.00

2,108.33

2,530.00

0

20

NCL

26-Nov-13

Jayant

G7

 

Crushed ROM

Rail

155,760

155,760

2,268.00

1,890.00

2,661.25

17

41

NCL

26-Nov-13

Dudhichua

G7

 

Crushed ROM

Rail

194,700

194,700

2,268.00

1,890.00

2,346.60

3

24

MCL

26-Nov-13

Orient-4

G7

5201-5500

STM

Road

9,000

No Bid

2,484.00

2,070.00

NA

NA

NA

CCL

27-Nov-13

GIRIDIH

G7

5201-5500

 

Road

13,500

13,500

2,484.00

2,070.00

2,494.76

0

21

CCL

27-Nov-13

RAJRAPPA-SLURRY

G7

5201-5500

 

Road

10,000

10,000

2,268.00

1,890.00

2,557.56

13

35

WCL

28-Nov-13

Tawa

G7

 

SLK

Road

8,000

8,000

2,520.00

2,100.00

2,522.51

0

20

WCL

28-Nov-13

Tawa II

G7

 

SLK

Road

12,500

12,500

2,520.00

2,100.00

3,252.80

29

55

WCL

28-Nov-13

Makardhokra II OC

G7G8

 

MIX

Road

10,000

10,000

2,530.00

2,108.33

2,711.89

7

29

Total

 

 

 

 

 

 

523,160

483,150