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Moderate demand for G8 grade coal in February e-auction

06 Mar 2014

March 6: G8 grade coal (GCV range 4,900-5,200 Kcal/kg) offered by four subsidiaries of CIL met with moderate demand during February 2014 as 47.39% of the total offered quantity of 208,880 tons got allotted. The total allotted quantity stood at 99,006 tons whereas the weighted average price of the allotted quantity during the month stood at Rs 2,458/ton.

However, during January 2014 out of 219,944 tons offered, 251,260 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,518/ton.

During December 2013, 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.

Following are the details of the e-auction of G8 grade coal in February 2014:

GCV Range

Grade / GCV Band

Size

Name of the Company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered (t)

Quantity Allotted (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

13-Feb-14

Baroud OC

Road

      55,000

        55,000

            2,028

          1,690

             2,305

                      14

                      36

4901-5200

G8

ROM

SECL

13-Feb-14

Dharam U/G

Road

       3,000

          3,000

            2,028

          1,690

             2,081

                        3

                      23

4901-5200

G8

STM

MCL

19-Feb-14

Orient-3

Road

      20,000

 No Bid

            2,244

          1,870

 NA

 

 

4901-5200

G8

STM

MCL

19-Feb-14

Orient-2

Road

      20,000

 No Bid

            2,244

          1,870

 NA

 

 

4901-5200

G8

STM

MCL

19-Feb-14

HBI

Road

      60,000

 No Bid

            2,244

          1,870

 NA

 

 

4901-5200

G8

CRUROM

WCL

21-Feb-14

NEELJAY(S)

Road

      20,000

        20,000

            2,577

          2,148

             2,842

                      10

                      32

4901-5200

G8

SLK

WCL

21-Feb-14

Sarni

Road

       9,000

          8,640

            2,460

          2,050

             2,460

                        0

                      20

4901-5200

G8

CRUROM

WCL

25-Feb-14

MORPAR UG

Road

       4,000

            450

            2,577

          2,148

             2,594

                        1

                      21

4901-5200

G8

STM

ECL

28-Feb-14

RAJMAHAL OCP : Seam III, II & Comb, III & II Top, II Top & II Bottom

Road

      17,880

        11,916

            2,604

          2,170

             2,604

                      -  

                      20

4901-5200 Total

 

 

 

 

 

 

208,880

99,006