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Poor demand seen for G16 coal in Mar on other platform

26 Apr 2016

Poor demand was witnessed in March 2016 for G16 (GCV 2,501 to 2,800 Kcal/kg) grade offered by CIL subsidiaries through MSTC as out of 100,000 tons, 17,500 tons got allotted at a weighted average price of Rs 732 per ton, as per data available with ICMW.

Similar kind of poor demand was witnessed in February 2016 for G16 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.

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.

Following are details of the e-auction of G16 grade on MSTC in March 2016:

 

 

GCV Range

Grade / GCV Band

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)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

2501-2800

G16

n

CCL

28-Mar-16

ROAD

KARGALI W REJECTS (P/L)

         100,000

           17,560

                               610

                                732

                                   732

                             20

                             -  

2501-2800 Total

 

 

 

 

 

 

        100,000

         17,560