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Moderate demand for G8 grade in Mar e-auction

28 Apr 2015

April 28: 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 March 2015 as out of the offered quantity of 177,680 tons, only 112,340 tons got allotted at a weighted average price of Rs 2,530 per ton.

Similar kind of moderate demand was witnessed for G8 grade coal offered on the MSTC platform by CIL subsidiaries in February 2015 as out of the offered quantity of 191,330 tons, only 98,100 tons got allotted at a weighted average price of Rs 2474 per ton.

Demand was more or less poor for G8 grade in January 2015 as out of the offered quantity of 78,710 tons, only 22,370 tons got allotted at a weighted average price of Rs 3,048 per ton.

Following are the details of G8 grade e-auction on MSTC in February 2015:

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 (%)

4901-5200

G8

STM

ECL

27-Mar-15

ROAD

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

680

680

2,260

2,712

3,290

46

21

4901-5200

G8

n

CCL

30-Mar-15

ROAD

KARO OCP

20,000

15,430

1,690

2,028

2,028

20

0

4901-5200

G8

n

CCL

30-Mar-15

ROAD

GIDI-W SLURRY

15,000

4,230

1,690

2,028

2,029

20

0

4901-5200

G8

n

CCL

30-Mar-15

ROAD

KEDLA W. (P/L) SLURRY

15,000

15,000

1,690

2,028

2,702

60

33

4901-5200

G8

ROM

SECL

21-Mar-15

ROAD

Baroud OC

70,000

70,000

1,690

2,028

2,611

54

29

4901-5200

G8

STM

MCL

18-Mar-15

ROAD

HBI

50,000

-

-

-

-

-

-

4901-5200

G8

SLACK

WCL

11-Mar-15

ROAD

MANA

7,000

7,000

2,050

2,460

2,690

31

9

4901-5200 Total

 

 

 

 

 

 

1,77,680

1,12,340