Strong demand for G3 grade coal in April e-auction
06 May 2014
May 6: There was a strong demand for G3 grade coal (GCV ranging between 6,400 Kcal/kg and 6,700 Kcal/kg) on the e-auction platform of coaljunction in April 2014 as 99.38% of the offered quantity got allotted. Out of a total quantity of 6,500 tons offered, 6,460 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,458/ton.
In March 2014, good demand was witnessed for G3 grade coal as 97.06% of the offered quantity got allotted. Out of a total quantity of 35,000 tons offered, 33,970 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 5,266/ton.
However, In February 2014, good demand was witnessed as 87.42% of the offered quantity got allotted. Out of a total quantity of 190,790 tons offered, 166,780 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,319/ton.
Following are the details:
GCV Range |
Grade / GCV Band |
Size |
Name of the Company |
e-Auction Date |
Ex Location |
Mode of Despatch |
Quantity Offered (t) |
Quantity Allotted (t) |
Notified Price (Rs./t) |
Reserve Price (Rs./t) |
Average Price in Rs/Mt |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
6401-6700 |
G3 |
STM |
SECL |
28-Apr-14 |
Rajnagar RO |
ROAD |
1,000 |
1,000 |
4,070 |
4,070 |
4,081 |
0 |
0 |
6401-6700 |
G3 |
STM |
SECL |
28-Apr-14 |
Jhiria UG |
ROAD |
3,000 |
3,000 |
4,070 |
4,070 |
4,084 |
0 |
0 |
6401-6700 |
G3 |
STM |
SECL |
28-Apr-14 |
AMADAND UG |
ROAD |
1,000 |
1,000 |
4,070 |
4,070 |
5,931 |
46 |
46 |
6401-6700 |
G3 |
|
CCL |
30-Apr-14 |
SAUNDA |
ROAD |
1,000 |
1,000 |
4,070 |
4,070 |
4,187 |
3 |
3 |
6401-6700 |
G3 |
|
CCL |
30-Apr-14 |
SIRKA |
ROAD |
500 |
460 |
4,070 |
4,070 |
5,096 |
25 |
25 |
6401-6700 Total |
|
|
|
|
|
|
6,500 |
6,460 |
|
|
|
|
|