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Strong demand for G3 grade coal in Jan e-auction

05 Feb 2014

February 5: There was 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 January 2014 as 96.92% of the offered quantity got allotted. Out of a total quantity of 29,500 tons offered, 28,590 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 5,505/ton.

In December 2013, there was good demand for G3 grade coal on this same platform as 82.29% of the offered quantity got allotted. Out of a total quantity of 52,240 tons offered, 42,990 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,112/ton.

However, in November, there was good demand for G3 grade coal on the e-auction platform of coaljunction as 91.46% of the offered quantity got allotted. Out of a total quantity of 117,042 tons offered, 107,042 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,434/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)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

 % Increase Over Reserve Price (%)

 % Increase over Notified Price (%)

6401-6700

G3

STM

SECL

21-Jan-14

Rajnagar RO

Road

1,000

1,000

4,070.00

4,070.00

4,070.00

-

-

6401-6700

G3

STM

SECL

21-Jan-14

Jhiria UG

Road

3,000

2,100

4,070.00

4,070.00

4,070.95

0

0

6401-6700

G3

STM

SECL

21-Jan-14

AMADAND UG

Road

2,000

2,000

4,070.00

4,070.00

4,969.75

22

22

6401-6700

G3

STM

ECL

28-Jan-14

NINGHA:Dishergarh(R-IV)

Road

1,000

1,000

4,070.00

4,070.00

6,549.30

61

61

6401-6700

G3

STM

ECL

28-Jan-14

CHITRA-A OC::Saharjori / Patrika

Road

15,000

15,000

4,070.00

4,070.00

5,296.32

30

30

6401-6700

G3

STM

ECL

28-Jan-14

BANSRA: : (Kenda R-VI )

Road

500

500

4,070.00

4,070.00

6,509.00

60

60

6401-6700

G3

STM

ECL

28-Jan-14

CENTRAL KAJORA : Lower Kajora R-VIII T

Road

2,000

1,990

4,070.00

4,070.00

6,558.39

61

61

6401-6700

G3

STM

ECL

28-Jan-14

JAMBAD : KENDA (R-VI)

Road

3,500

3,500

4,070.00

4,070.00

7,352.75

81

81

6401-6700

G3

 

CCL

31-Jan-14

SAUNDA

Road

1,500

1,500

4,070.00

4,070.00

4,539.20

12

12

Total

 

 

 

 

 

 

29500

28590