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Poor demand for G3 grade coal in August e-auction

04 Sep 2013

September 4:  There was a poor demand for G3 grade coal (GCV ranging between 6,400 Kcal/kg and 6,700 Kcal/kg) at the e-auction platform of coaljunction in August. Out of a total quantity of 64,778 tons that was offered, about 37.32% or 24,172 tons got allotted at a premium of 0-30%. The weighted average price of the allotted quantity during the month stood at Rs 4,456 per ton

In July, out of a total quantity of 81,488 tons that were offered, about 88.02% or 71,728 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,359 per ton.

Following are the details:

Name of the company

e-Auction Date

Month

Ex Location

Grade / GCV Band

GCV Range

Size

Mode of Despatch

Quantity Offered(t)

Quantity Allotted(t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% increase over reserve price

% increase over notified price

SECL

16-Aug-13

Aug-13

Rajnagar RO Siding

G3

 

STM

Rail

11,682

No Bid

4,070.00

4,070.00

NA

NA

NA

SECL

27-Aug-13

Aug-13

Jhiria UG

G3

 

STM

Road

3,050

1,600

4,070.00

4,070.00

4,070.00

0

0

SECL

27-Aug-13

Aug-13

Rajnagar RO Siding

G3

 

STM

Rail

19,470

No Bid

4,070.00

4,070.00

NA

NA

NA

ECL

29-Aug-13

Aug-13

JAMBAD : KENDA (R-VI)

G3

 

STM

Road

3,500

3,496

4,070.00

4,070.00

5,292.01

30

30

ECL

29-Aug-13

Aug-13

UKA-I I ( KK)

G3

 

ROM

Rail

15,576

15,576

3,890.00

3,890.00

4,297.50

10

10

CCL

30-Aug-13

Aug-13

SAUNDA

G3

6401-6700

 

Road

1,000

1,000

4,070.00

4,070.00

4,646.40

14

14

CCL

30-Aug-13

Aug-13

SIRKA

G3

6401-6700

 

Road

2,500

2,500

4,070.00

4,070.00

4,450.52

9

9

CCL

30-Aug-13

Aug-13

BACHRA

G3

6401-6700

 

Road

8,000

No Bid

4,070.00

4,070.00

NA

 NA

NA

Total

 

 

 

 

 

 

 

64,778

24,172