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Strong demand for G-3 grade coal in April e-auction

27 May 2014

May 27: Strong demand was witnessed for G-3 grade coal (GCV between 6,401 and 6,700 Kcal/kg) offered for allotment via the e-auction platform of MSTC during April 2014 as out of the offered quantity of 22,500 tons, a total of 22,460 tons got allotted at a weighted average price of Rs 5,911 per ton.

However, moderate demand was witnessed for G-3 grade coal offered for allotment via the e-auction platform of MSTC during March 2014 as out of the offered quantity of 3,000 tons, 1,690 tons got allotted at a weighted average price of Rs 4,071 per ton.

On the other hand, good demand was witnessed for G-3 grade coal offered for allotment via the e-auction platform of MSTC during February 2014 as the entire offered quantity of 2,000 tons got allotted at a weighted average price of Rs 5,404 per ton.

Following are the details of e-auction of G-3 grade coal in April 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Qty Allotted (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 (%)

6550

G3

STM

ECL

30-Apr-14

ROAD

Central Kajora: Lower Kajora (R-VIII T)

1,200

1,200

4,070

4,070

5,920

45

45

6550

G3

STM

ECL

30-Apr-14

ROAD

JAMBAD : Kenda (R-VI)

3,300

3,300

4,070

4,070

6,358

56

56

6550

G3

STM

ECL

30-Apr-14

ROAD

NINGHA: Dishergarh(R-IV)

1,000

960

4,070

4,070

5,942

46

46

6550

G3

STM

ECL

30-Apr-14

ROAD

CHITRA-A OC: :Saharjori / Patrika

15,000

15,000

4,070

4,070

5,825

43

43

6550

G3

STM

ECL

30-Apr-14

ROAD

BANSRA: : ( Kenda R-VI )

2,000

2,000

4,070

4,070

5,802

43

43

6550 Total

 

 

 

 

 

 

22,500

22,460