Strong demand for G-12 grade coal in Sept e-auction
31 Oct 2014
October 31: Strong demand was seen for G-12 grade (GCV ranging from 3,701-4,000 Kcal/Kg) coal offered during September on the e-auction platform of MSTC as the entire offered quantity of 40,000 tons got allotted during the month at a weighted average price of Rs 3,021 per ton.
No such grade was offered in August.
However, strong demand was witnessed in July 2014 for this grade as the entire offered quantity of 30,000 tons got allotted at a weighted average price of Rs 2,438 per ton.
Following are the details of e-auction of G12 grade in September 2014:
GCV |
Grade |
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 (%) |
3701-4000 |
G12 |
STM |
MCL |
19-Sep-14 |
ROAD |
Balram |
20,000 |
20,000 |
1,070 |
1,284 |
3,143 |
194 |
145 |
3701-4000 |
G12 |
STM |
MCL |
19-Sep-14 |
ROAD |
Lilari |
20,000 |
20,000 |
1,070 |
1,284 |
2,899 |
171 |
126 |
3701-4000 Total |
|
|
|
|
|
|
40,000 |
40,000 |
|
|
|
|
|