Poor demand for G9 grade coal in December e-auction
07 Jan 2015
January 7: G9 grade coal (GCV ranging between 4,601-4,900 Kcal/kg) offered on the coaljunction e-auction platform in December 2014 met with poor demand as out of the entire offered quantity of 20,000 tons of coal, 3,500 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,572/ton.
However, G9 grade coal offered on this platform in November 2014 met with moderate demand as out of the entire offered quantity of 326,400 tons of coal, 263,840 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,418/ton.
On the other hand, G9 grade coal offered on this platform in October 2014 met with strong demand as the entire offered quantity of 61,800 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 3,353/ton.
Following are the details of the e-auction of G9 grade coal in December:
GCV Range |
Grade / GCV Band |
Size |
Name of The Company |
e-Auction Date |
Mode of Despatch |
Ex Location |
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 (%) |
4601-4900 |
G9 |
ROM |
CCL |
24-Dec-14 |
Road |
PURNADIH |
15,000 |
1,600 |
1,310 |
1,572 |
1,572 |
20 |
- |
4601-4900 |
G9 |
ROM |
CCL |
24-Dec-14 |
Road |
KDH |
5,000 |
1,900 |
1,310 |
1,572 |
1,572 |
20 |
- |
4601-4900 Total |
|
|
|
|
|
|
20,000 |
3,500 |
|
|
|
|
|