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Strong demand for G6 grade coal in Mar e-auction

27 Apr 2015

April 27: Strong demand was witnessed for G6 grade (GCV 5,501 to 5,800 Kcal/kg) coal offered for allotment by CIL in the month of March 2015 via the e-auctions conducted on the MSTC platform as out of the entire offered quantity of 119,300 tons of coal, 119,190 tons got allotted at a weighted average price of Rs 4,059 per ton.

Strong demand was also witnessed for this G6 grade offered for allotment by CIL in February 2015 via MSTC as out of the entire offered quantity of 79,000 tons, 77,610 tons got allotted at a weighted average price of Rs 3,677 per ton.

Very strong demand was also witnessed for G6 grade in the month of January 2015 as out of the entire offered quantity of 44,400 tons, 44,380 tons got allotted at a weighted average price of Rs 2,893 per ton.

Following are e-auction details of G6 grade coal on MSTC in March 2015:

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 (%)

WTD AVG

5501-5800

G6

n

CCL

25-Mar-15

ROAD

KUJU

35,300

35,290

2,150

2,150

5,026

134

134

 

5501-5800

G6

STM

SECL

21-Mar-15

ROAD

Amlai OC (Stock)

10,000

10,000

2,330

2,330

4,530

94

94

 

5501-5800

G6

SLK

SECL

21-Mar-15

ROAD

Damini UG (Bunker)

18,000

18,000

2,170

2,170

2,670

23

23

 

5501-5800

G6

STM

SECL

21-Mar-15

ROAD

Damini UG (Bunker)

7,000

7,000

2,330

2,330

3,498

50

50

 

5501-5800

G6

SLK

SECL

21-Mar-15

ROAD

Rajendra UG (Bunker)

14,000

14,000

2,170

2,170

2,702

25

25

 

5501-5800

G6

STM

SECL

21-Mar-15

ROAD

Rajendra UG (Bunker)

2,000

2,000

2,330

2,330

4,033

73

73

 

5501-5800

G6

STEAM

BCCL

19-Mar-15

ROAD

BLOCK IV

500

500

2,330

2,330

3,072

32

32

 

5501-5800

G6

STM

NCL

17-Mar-15

ROAD

Krishnshila

20,000

20,000

2,330

2,330

4,956

113

113

 

5501-5800

G6

STEAM

WCL

11-Mar-15

ROAD

TAWA II

3,500

3,500

2,770

2,835

5,376

94

90

 

5501-5800

G6

SLACK

WCL

11-Mar-15

ROAD

NEW MAJRI UG III

9,000

8,900

2,610

2,610

2,612

0

0

 

5501-5800 Total

           

119,300

119,190

         

4,059