Coal news and updates

No offerings of G15, G16, G17 in Nov on coaljunction

India Coal Market Watch

December 8: Like October 2015, there were no offerings of G15 (GCV of 2,801 to 3,100 Kcal/kg), G16 (GCV between 2,501 and 2,801 Kcal/kg) and G17 (GCV of 2,201 to 2,500 Kcal/kg) grades of coal on the e-auction platform of coaljunction in November 2015, according to data available with ICMW.

 There were no offerings of G15 and G17 grades on coaljunction in September 2015.

 However, very strong demand was witnessed in the auction of G16 on the coaljunction platform in September 2015 as the entire offering of 3,000 tons by SECL got allotted at a weighted average price of Rs 856 per ton.