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New UserStrong demand for G-3 grade coal in July e-auction
28 Aug 2014
August 28: There was strong demand for G-3 grade (GCV of 6,401-6,700 Kcal/kg) coal offered by SECL and CCL for allotment through the e-auction platform of MSTC in July 2014, as the entire offered quantity of 670 tons got allotted during the month at a weighted average price of Rs 4,553 per ton
A similar moderate demand was witnessed for G-3 grade coal offered by SECL and ECL for allotment through the e-auction platform of MSTC in June 2014, as 10,700 tons got allotted out of the offered quantity of 15,850 tons during the month at a weighted average price of Rs 5,384 per ton.
There was no coal of this grade offered on the MSTC platform in May but a strong demand was witnessed for this coal via the e-auction platform 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.
Following are the details of G-3 grade coal e-auctioned on MSTC’s platform in July 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 (%) |
|
6401-6700 |
G3 |
n |
CCL |
28-Jul-14 |
ROAD |
SAUNDA |
120 |
120 |
4,070 |
4,070 |
5,680 |
40 |
40 |
|
6401-6700 |
G3 |
n |
CCL |
28-Jul-14 |
ROAD |
SIRKA |
50 |
50 |
4,070 |
4,070 |
6,820 |
68 |
68 |
|
6401-6700 |
G3 |
SLK |
SECL |
24-Jul-14 |
ROAD |
Amadand UG |
500 |
500 |
3,910 |
3,910 |
4,056 |
4 |
4 |
|
6401-6700 Total |
|
|
|
|
|
|
670 |
670 |
|
|
|
|
|