Login Register Contact Us
Welcome to Linkage e-Auctions Welcome to Coal Trading Portal

Coal news and updates

Poor demand for G-10 grade coal in Jan e-auction

24 Feb 2014

February 24: Poor demand was witnessed in January 2014 for G10 grade (GCV 4,301 to 4,600 Kcal/kg) coal offered by MCL for allotment through the MSTC platform as only 15,250 tons got allotted out of an offered quantity of 115,000 tons at a weighted average price of Rs 2,412 per ton.

However, a very strong demand was witnessed in December 2013 for G10 grade coal offered by CCL and NCL for allotment through the MSTC platform as the entire offered quantity of 265,138 tons got allotted at a weighted average price of Rs 1,873 per ton.

On the other hand, there was poor demand in November 2013 for G10 grade coal offered by CCL for allotment through the same platform as only 5,180 tons were allotted out of the total offered quantity of 11,700 tons, at a weighted average price of Rs 1,485 per ton.

Following are the details of e-auctions of G10 grade of coal in January 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Allotted qty (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 (%)

4301-4600

G10

STM

MCL

22-Jan-14

ROAD

Bharatpur

15000

15000

1,340

1,608

2,426

81.03

50.86

4301-4600

G10

STM

MCL

22-Jan-14

ROAD

Basundhara

50000

250

1,340

1,608

1,609

20.07

0.06

4301-4600

G10

STM

MCL

22-Jan-14

ROAD

Kulda

50000

0

 

 

 

 

 

 

 

 

 

 

 

 

115000

15250