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Strong demand for G12 grade coal in Feb e-auction

06 Mar 2014

March 6: Strong demand was witnessed for G12 (GCV between 3,700 and 4,000 Kcal/kg) grade coal offered on the e-auctions platform of coaljunction during February 2014 as out of 1,283,500 tons offered, 1,218,200 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 1,312/ton.

However, during January 2014, the entire offered quantity of 200,000 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 1,225/ton.

During December 2013, 1,292,270 tons of the offered quantity of 1,300,000 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 1,281/ton.

Following are the details of the e-auction of G12 grade in February 2014:

GCV Range

Grade / GCV Band

Size

Name of the Company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered (t)

Quantity Allotted (t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

 % Increase Over Reserve Price (%)

 % Increase over Notified Price (%)

3701-4000

G12

ROM

SECL

10-Feb-14

Manikpur OC

Road

      70,000

        70,000

            1,068

             890

             1,551

                      45

                      74

3701-4000

G12

ROM

SECL

13-Feb-14

Baroud OC

Road

    250,000

       197,400

            1,068

             890

             1,068

                      -  

                      20

3701-4000

G12

ROM

SECL

13-Feb-14

Chhal OC

Road

    180,000

       180,000

            1,068

             890

             1,338

                      25

                      50

3701-4000

G12

STM

MCL

19-Feb-14

Samaleshwari

Road

    180,000

       180,000

            1,284

          1,070

             1,296

                        1

                      21

3701-4000

G12

STM

MCL

19-Feb-14

Lajkura

Road

      60,000

        60,000

            1,284

          1,070

             1,367

                        6

                      28

3701-4000

G12

STM

MCL

19-Feb-14

Balram

Road

    150,000

       137,300

            1,284

          1,070

             1,285

                        0

                      20

3701-4000

G12

100mm

MCL

19-Feb-14

Lingaraj

Road

    100,000

       100,000

            1,068

             890

             1,084

                        1

                      22

3701-4000

G12

100mm

MCL

19-Feb-14

Ananta

Road

    175,000

       175,000

            1,068

             890

             1,462

                      37

                      64

3701-4000

G12

 

MCL

19-Feb-14

ANANTA SPURVI (BHUBANESWARI/ANANTA OCP)

Rail

    118,500

       118,500

            1,068

             890

             1,533

                      44

                      72

3701-4000 Total

 

 

 

 

 

 

1,283,500

1,218,200