Poor demand for G16 in February on other platform
01 Apr 2016
Poor demand was witnessed in February 2016 for G16 (GCV 2,501 to 2,800 Kcal/kg) grade offered by CIL subsidiaries through MSTC as out of 100,000 tons, 15,370 tons got allotted at a weighted average price of Rs 732 per ton, as per data available with ICMW.
However, very strong demand was witnessed in January 2016 for G16 grade offered by CIL subsidiaries through MSTC as out of 690,000 tons, 611,940 tons got allotted at a weighted average price of Rs 741 per ton.
On the other hand, poor demand was witnessed in December 2015 for G16 grade offered by CIL subsidiaries through MSTC as out of 25,000 tons, 6,670 tons got allotted at a weighted average price of Rs 732 per ton.
Following are details of the e-auction of G16 grade on MSTC in February 2016:
GCV Range |
Grade / GCV Band |
Size |
Name of the client |
Event Date |
Mode of Despatch |
Ex Location |
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 (%) |
2501-2800 |
G16 |
n |
CCL |
25-Feb-16 |
ROAD |
KARGALI W REJECTS (P/L) |
100,000 |
15,370 |
610 |
732 |
732 |
20 |
- |
2501-2800 Total |
|
|
|
|
|
|
100,000 |
15,370 |
|
|
|
|
|