Very high demand for G11 grade in Feb e-auction
04 Mar 2016
Very strong demand was witnessed for G11 grade coal (GCV range 4,001 and 4,300 Kcal/kg) as out of 1,000,000 tons offered by SECL, MCL and CCL for sale through coaljunction in February 2016, 765,680 tons got allotted at a average weighted price of Rs 1,204, according to data available with ICMW.
Strong demand was witnessed for G11 grade in January 2016 as the entire 390,000 tons offered by SECL and CCL for sale, got allotted at an average weighted price of Rs 1,296.
Similar kind of strong demand was witnessed for G11 grade in December 2015 as the entire volume of 300,000 tons offered by SECL got allotted at an average weighted price of Rs 1,152.
Following are details of e-auction of G11 grade coal in February 2016 on coaljunction:
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 (%) |
4001-4300 |
G11 |
- 100mm |
MCL |
03-Feb-16 |
Kulda |
ROAD |
3,00,000 |
1,88,000 |
950 |
1,140 |
1,140 |
20 |
- |
4001-4300 |
G11 |
ROM |
SECL |
10-Feb-16 |
Gevra OC(Stock) |
ROAD |
4,00,000 |
4,00,000 |
950 |
1,140 |
1,262 |
33 |
11 |
4001-4300 |
G11 |
ROM |
CCL |
26-Feb-16 |
PIPARWAR Coal Dump |
ROAD |
2,00,000 |
1,77,680 |
950 |
1,140 |
1,140 |
20 |
0.04 |
4001-4300 |
G11 |
ROM |
CCL |
26-Feb-16 |
AMRAPALI COAL SALES CENTRE (SM) |
ROAD |
1,00,000 |
No Bid |
950 |
1,140 |
- |
- |
- |
4001-4300 Total |
|
|
|
|
|
|
10,00,000 |
7,65,680 |
|
|
|
|
|