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Poor demand for G2 grade in Jan on other platform

25 Feb 2016

Poor demand was witnessed for G2 grade (GCV ranging from 6,701-7,000 Kcal/Kg) coal offered by CIL for allotment through the MSTC platform in January 2016 as out of the entire offerings of 53,000 tons, 7,010 tons got allotted at a weighted average price of Rs 5,488 per ton, as per data available with ICMW

 

However, G2 grade was not offered in November and December, 2015 by CIL subsidiaries for allotment through MSTC.

 

Following are details of the e-auction of G2 grade on MSTC in January 2016:

 

Grade

Grade

Size

Company Name

Event Date

Mode

Colliery

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)

(TNP)Total Notified Price (in Rs)

(TRP) Total Reserve Price (In Rs)

6701-7000

G2

ROM

NEC

27-Jan-16

ROAD

Ledo OCP

                  3,000

                      -  

                                  -  

                                  -  

                                  -  

                              -  

                              -  

6701-7000

G2

ROM

NEC

27-Jan-16

ROAD

Tikak

                10,000

                  3,010

                             4,870

                             4,870

                             4,870

                              -  

                              -  

6701-7000

G2

ROM

NEC

27-Jan-16

-

Tikak

                16,000

                  4,000

                             4,870

                             4,870

                             4,870

                              -  

                              -  

6701-7000

G2

ROM

NEC

27-Jan-16

-

Tirap

                24,000

                      -  

                                  -  

                                  -  

                                  -  

                              -  

                              -  

6701-7000 Total

 

 

 

 

 

 

               53,000

                 7,010

 

 

 

 

 

Source: ICMW