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November e-auction sees good demand for G10 grade coal

04 Dec 2013

December 4: G10 grade coal (GCV range 4,301 and 4,600 Kcal/kg) offered for e-auction on the coaljunction platform during November saw good demand as 216,968 tons of coal out of an offered quantity of 255,668 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,776/ton.

However, G10 grade coal offered for e-auction on the coaljunction platform during October saw good demand as 208,926 tons of coal out of an offered quantity of 241,156 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,993/ton.

During September, G10 grade offerings met with poor demand as only 48.57% or 25,260 tons of coal out of an offered quantity of 52,000 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,605/ton.

Following are the details of the e-auction of G10 grade in November 2013:

Name of the Company

e-Auction Date

Ex Location

Grade / GCV Band

GCV Range

Size

Mode of Despatch

Quantity Offered(t)

Quantity Allocated(t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% premium over reserve price

% premium over notified price

NCL

26-Nov-13

Jhingurda

G10

 

CRUSH ROM

Road

40,000

39,300

1,392.00

1,160.00

1,395.61

0.25933908

20.3112069

NCL

26-Nov-13

Kakri

G10

 

CRUSH ROM

Road

50,000

50,000

1,392.00

1,160.00

2,065.48

48.38218391

78.05862069

NCL

26-Nov-13

Bina

G10

 

Crushed ROM

Rail

46,728

46,728

1,392.00

1,160.00

2,222.83

59.68606322

91.62327586

NCL

26-Nov-13

Jhingurda

G10

 

Crushed ROM

Rail

38,940

38,940

1,392.00

1,160.00

1,448.00

4.022988506

24.82758621

MCL

26-Nov-13

Bharatpur

G10

4301-4600

STM

Road

30,000

30,000

1,608.00

1,340.00

1,676.19

4.240671642

25.08880597

CCL

27-Nov-13

PIPARWAR SLURRY (MECHANICAL LOADING)

G10

4301-4600

 

Road

50,000

12,000

1,392.00

1,160.00

1,392.00

0

20

Total

 

 

 

 

 

 

255,668

216,968