Strong demand for G-11 grade coal in May e-auction
25 Jun 2014
June 25: A strong demand was witnessed in May 2014 for G-11 grade (GCV 4,001 to 4,300 Kcal/kg) coal offered by CCL and SECL for allotment through the MSTC platform as the out of an offered quantity of 400,000 tons of coal, 398,950 tons got allotted at a weighted average price of Rs 2,110 per ton.
However, a very strong demand was witnessed in April 2014 for G-11 grade coal offered by MCL for allotment through the MSTC platform as the entire offered quantity of 680,000 tons got allotted at a weighted average price of Rs 1,607 per ton.
A very strong demand was also witnessed in March 2014 for G-11 grade coal offered by MCL for allotment through the MSTC platform as the entire offered quantity of 80,000 tons got allotted at a weighted average price of Rs 1,142 per ton.
Following are the details of e-auctions of G-11 grade of coal in May 2014:
GCV |
Grade |
Size |
Company Name |
Event Date |
Mode |
Colliery |
Qty offered (tons) |
Qty Alloted (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 (%) |
4001-4300 |
G11 |
n |
CCL |
31-May-14 |
ROAD |
KEDLA W REJECTS (P/L) |
5000 |
5000 |
950 |
1,140 |
1,639 |
72 |
44 |
4001-4300 |
G11 |
n |
CCL |
31-May-14 |
ROAD |
GIDI W REJECTS |
15000 |
13950 |
950 |
1,140 |
1,140 |
20 |
0 |
4001-4300 |
G11 |
n |
CCL |
31-May-14 |
ROAD |
PIPARWAR W REJECTS |
30000 |
30000 |
950 |
1,140 |
1,554 |
64 |
36 |
4001-4300 |
G11 |
ROM |
SECL |
20-May-14 |
ROAD |
Gevra OC (Stock) |
250000 |
250000 |
950 |
1,140 |
2,160 |
127 |
90 |
4001-4300 |
G11 |
ROM |
SECL |
20-May-14 |
ROAD |
Gevra OC (Bunker) |
100000 |
100000 |
950 |
1,140 |
2,310 |
143 |
103 |
4001-4300 Total |
|
|
|
|
|
|
400,000 |
398,950 |
|
|
|
|
|