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 |
|
|
|
|
|