Strong demand for G-8 grade in Oct e-auction
28 Nov 2014
November 28: Very strong demand was witnessed for G-8 grade (GCV 4,901 to 5,200 Kcal/kg) coal offered on the MSTC platform by CCL and SECL in October 2014 as the entire offered quantity of 94,000 tons got allotted at a weighted average price of Rs 3,941 per ton.
Meanwhile, moderate demand was witnessed for this grade in September 2014 as out of 61,230 tons offered, 47,900 tons got allotted at a weighted average price of Rs 2,568 per ton.
There was, in fact, poor demand for this grade offered by CCL in August 2014 as 500 tons were offered from which only 200 tons got allotted at a weighted average price of Rs 2,028 per ton.
Following are the details of G-8 grade e-auction in October 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 (%) |
4901-5200 |
G8 |
REJECTS |
CCL |
31-Oct-14 |
ROAD |
KATHARA W. REJECTS (HEAP NO.18B) |
4,000 |
4,000 |
1,690 |
2,028 |
2,039 |
21 |
1 |
4901-5200 |
G8 |
ROM |
SECL |
28-Oct-14 |
ROAD |
Baroud OC |
90,000 |
90,000 |
1,690 |
2,028 |
4,026 |
138 |
99 |
4901-5200 Total |
|
|
|
|
|
|
94,000 |
94,000 |
|
|
|
|
|