Poor demand for G1 grade coal in June e-auction
07 Jul 2014
July 7: Poor demand was witnessed for G1 grade coal (GCV more than 7,000 Kcal/kg) on the e-auction platform of coaljunction in June 2014 as only 26.6% of the offered quantity got allotted out of a total offered quantity of 30,000 tons and the weighted average price of the allotted quantity during the month stood at Rs 5,470/ton.
Following are the details:
GCV Range |
Grade / GCV Band |
Size |
Name of The Company |
e-Auction Date |
Ex Location |
Mode of Despatch |
Quantity Offered (t) |
Quantity Allotted (t) |
Notified Price (Rs./t) |
Reserve Price (Rs./t) |
Average Price in Rs/Mt |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
>7000 |
G1 |
ROM |
NEC |
5-Jun-14 |
Ledo OCP |
Road |
20,000 |
7,980 |
5,470.00 |
5,470.00 |
5,470.00 |
- |
- |
>7000 |
G1 |
STM |
BCCL |
20-Jun-14 |
Dhansar |
Road |
10,000 |
No Bid |
5,200.00 |
5,200.00 |
NA |
- |
- |
>7000 Total |
30,000 |
7,980 |