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Strong demand for mixed grade coal in Oct e-auction

27 Nov 2013

November 27: During October 2013, out of a total quantity of 49,500 tons of mixed grade coal offered for allotment by Western Coalfields Limited (WCL) on MSTC's e-auction platform, a total of 49,110 tons got allotted at a weighted average price of Rs 3,354.

However, in September, out of a total quantity of 11,000 tons of mixed grade coal offered for allotment by Western Coalfields Limited (WCL) on MSTC's e-auction platform, 8,600 tons got allotted at a weighted average price of Rs 3,054 per ton.

The entire material offered during the month was for delivery via road.

Following are the details of mixed grade coal e-auction on MSTC's platform in October:


Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered(In tons)

Allotted qty (In tons)

(ANP)Average Notified Price (in Rs/ton)

(ARP) Average Reserve Price (In Rs/ton)

(AAP) Average Auctioned Price (in Rs/ton)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

4901-5800

MIX

WCL

25-Oct

ROAD

NEELJAY

28000

28000

2028

2433

        3,410

68.16

40.17

4901-5800

MIX

WCL

25-Oct

ROAD

NEELJAY(S)

20000

20000

2028

2433

        3,299

62.68

35.6

5201-5800

MIX

WCL

25-Oct

ROAD

CHHATTARPUR - I

1000

610

2115

2538

        2,538

20

0

5201-5800

MIX

WCL

25-Oct

ROAD

CHHATTARPUR- II

500

500

2115

2538

        3,396

60.57

33.81

Total

 

 

 

 

 

49500

49110