Strong demand for G3 grade coal in June e-auction
07 Jul 2014
July 7: 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 June 2014 as the entire offered quantity of 1,500 tons got allotted at a weighted average price of Rs 4,481/ton.
On the other hand, there was good demand for G3 grade coal on the e-auction platform of coaljunction in May 2014 as 94.83% of the offered quantity got allotted. Out of a total quantity of 31,850 tons offered, 30,203 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,895/ton.
However, there was strong demand for G3 grade coal 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.
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 |
CCL |
27-Jun-14 |
SAUNDA |
Road |
1,000 |
1,000 |
4,070.00 |
4,070.00 |
4,088.00 |
0 |
0 |
|
6401-6700 |
G3 |
CCL |
27-Jun-14 |
SIRKA |
Road |
500 |
500 |
4,070.00 |
4,070.00 |
5,267.20 |
29 |
29 |
|
6401-6700 Total |
1,500 |
1,500 |