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No demand for G-9 grade in Oct e-auction

28 Nov 2014

November 28: No demand was witnessed for the 500 tons of G-9 grade (GCV 4,601 to 4,900 Kcal/kg) coal offered by CCL through the MSTC platform in October 2014.

On the other hand, strong demand was seen for this grade in September 2014, as out of the 34,475 tons offered, 34,470 tons got allotted at a weighted average price of Rs 2,649 per ton.

In August, however, moderate demand was seen for this grade as out of the 500 tons offered, 300 tons got allotted at a weighted average price of Rs 1,572 per ton.

Following are the details of G9 grade e-auction in October 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 (%)

4601-4900

G9

REJECTS

CCL

31-Oct-14

ROAD

SAWANG W REJECTS

500

-

-

-

-

-

-

4601-4900 Total

 

 

 

 

 

 

500

-