Strong demand for G-3 grade coal in Feb e-auction
26 Mar 2014
March 26: Good 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 February 2014 as the entire offered quantity of 2,000 tons got allotted at a weighted average price of Rs 5,404 per ton.
However, good demand was witnessed for G-3 grade coal offered for allotment via the e-auction platform of MSTC during January 2014 as out of 69,410 tons offered by SECL, BCCL and CCL, around 58,410 tons got allotted at a weighted average price of Rs 4,070 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 December 2013 as out of 36,200 tons offered by ECL and CCL, around 28,200 tons got allotted at a weighted average price of Rs 5,440 per ton.
Following are the details of e-auction of G-3 grade coal in February 2014:
GCV |
Grade |
Size |
Company Name |
Event Date |
Mode |
Colliery |
Qty offered (In tons) |
Allotted Qty (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 (%) |
6401-6700 |
G3 |
STM |
ECL |
27-Feb-14 |
ROAD |
LACHIPUR::SONACHORA (R-VIIIB) |
2,000 |
2,000 |
4,070 |
4,070 |
5,405 |
33 |
33 |
2,000 |
2,000 |