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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