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Moderate demand for G8 grade coal in December e-auction

03 Jan 2014

January 3: G8 grade coal (GCV range 4,900-5,200 Kcal/kg) offered by four subsidiaries of CIL met with moderate demand during December 2013 as 54.95% of the total offered quantity of 246,000 tons got allotted. The total allotted quantity stood at 135,180 tons whereas the weighted average price of the allotted quantity during the month stood at Rs 2,184/ton.

However, in November, G8 grade coal offered by six subsidiaries of CIL met with moderate demand during November 2013 as 47.18% of the total offered quantity of 228,452 tons got allotted. The total allotted quantity stood at 107,792 tons whereas the weighted average price of the allotted quantity during the month stood at Rs 2,242/ton.

In October, G8 grade coal offered by four subsidiaries of CIL met with moderate demand as 61.29% of the total offered quantity of 194,400 tons got allotted. The total allotted quantity stood at 119,140 tons whereas the weighted average price of the allotted quantity during the month stood at Rs 2,297/ton.

Following are the details of the e-auction of G8 grade coal:

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 (%)

4901-5200

G8

ROM

SECL

12-Dec-13

Baroud OC

Road

90,000

90,000

2,028

1,690

2,156

6

28

4901-5200

G8

ROM

SECL

12-Dec-13

Dharam U/G

Road

6,000

3,000

2,028

1,690

2,028

-

20

4901-5200

G8

ROM

SECL

20-Dec-13

Dharam U/G

Road

3,000

No Bid

2,028

1,690

NA

-

-

4901-5200

G8

CRUROM

WCL

23-Dec-13

HLCOC

Road

3,000

810

2,577

2,148

2,581

0

20

4901-5200

G8

SLK

WCL

23-Dec-13

MANA

Road

1,000

1,000

2,460

2,050

2,799

14

37

4901-5200

G8

SLK

WCL

23-Dec-13

NANDGAON

Road

2,000

2,000

2,460

2,050

2,596

6

27

4901-5200

G8

SLK

WCL

24-Dec-13

Sarni

Road

6,500

6,500

2,460

2,050

2,465

0

20

4901-5200

G8

CRUROM

WCL

24-Dec-13

MORPAR UG

Road

5,000

500

2,577

2,148

2,577

-

20

4901-5200

G8

CRUROM

WCL

24-Dec-13

NEELJAY(S)

Road

18,500

5,290

2,577

2,148

2,581

0

20

4901-5200

G8

 

CCL

27-Dec-13

GIDI- W SLURRY

Road

15,000

5,400

2,028

1,690

2,028

-

20

4901-5200

G8

 

CCL

27-Dec-13

KEDLA W. SLURRY

Road

20,000

10,960

2,028

1,690

2,028

-

20

4901-5200

G8

 

CCL

27-Dec-13

KATHARA W. REJECTS

Road

10,000

3,720

2,028

1,690

2,028

-

20

4901-5200

G8

STM

MCL

30-Dec-13

Orient-2

Road

6,000

6,000

2,244

1,870

2,244

-

20

4901-5200

G8

STM

MCL

30-Dec-13

HBI

Road

60,000

No Bid

2,244

1,870

NA

-

-

Total

           

246,000

135,180