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Moderate demand for G8 grade in December e-auction

30 Jan 2015

January 30: A moderate demand was witnessed for G8 grade (GCV 4,901 to 5,200 Kcal/kg) coal offered on the MSTC platform by CIL subsidiaries in December 2014 as out of the offered quantity of 311,340 tons, 265,800 tons got allotted at a weighted average price of Rs 2,195 per ton.

However, very strong demand was witnessed for this grade in November 2014 as the entire offered quantity of 20,000 tons got allotted at a weighted average price of Rs 2,243 per ton.

In October 2014, similar demand was observed as the entire offered quantity of 94,000 tons got allotted at a weighted average price of Rs 3,941 per ton.

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

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Qty Alloted (In tons)

(ANP) Average Notified Price (in Rs)

(ARP) Average Reserve Price (In Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

5050

G8

STM

ECL

29-Dec-14

ROAD

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

6,340

6,340

2,260

2,712

3,491

54

29

4901-5200

G8

n

CCL

26-Dec-14

ROAD

KARO OCP

20,000

20,000

1,690

2,028

2,032

20

0.19

4901-5200

G8

n

CCL

26-Dec-14

ROAD

KATHARA W. REJECTS (HEAP NO.18B)

5,000

4,460

1,690

2,028

2,030

20

0.09

4901-5200

G8

ROM

SECL

24-Dec-14

ROAD

Baroud OC

180,000

180,000

1,690

2,028

2,133

26

5

4901-5200

G8

ROM

SECL

24-Dec-14

ROAD

Dharam UG

14,000

14,000

1,690

2,028

2,028

20

-

4901-5200

G8

SLACK

WCL

23-Dec-14

ROAD

SARNI

6,000

6,000

2,050

2,460

3,442

68

40

4901-5200

G8

STM

MCL

9-Dec-14

ROAD

Orient2

20,000

20,000

1,870

2,244

2,244

20

0.01

4901-5200

G8

STM

MCL

9-Dec-14

ROAD

HBI

60,000

15,000

1,870

2,244

2,244

20

-

4901-5200 Total

 

 

 

 

 

 

311,340

265,800