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Very high demand for G11 in Feb on other platform

01 Apr 2016

Very strong demand was witnessed in February 2016 for G11 grade (GCV 4,001 to 4,300 Kcal/kg) coal as out of the entire quantity of 200,000 tons offered on MSTC by CIL subsidiaries, 163,120 tons got allotted at a weighted average price of Rs 1,158 per ton, as per data available with ICMW.

Likewise, strong demand was witnessed in January 2016 for G11 grade as out of the entire quantity of 695,000 tons offered on MSTC by CIL subsidiaries, 521,420 tons got allotted at a weighted average price of Rs 1,155 per ton.

Similarly, strong demand was witnessed in December 2015 for G11 grade coal as out of the entire quantity of 465,000 tons offered on MSTC by CIL subsidiaries, 293,640 tons got allotted at a weighted average price of Rs 1,158 per ton.

Following are details of e-auction of G11 grade coal on MSTC in February 2016:
 

GCV Range

Grade / GCV Band

Size

Name of the client

Event Date

Mode of Despatch

Ex Location

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 (%)

4001-4300

G11

n

CCL

25-Feb-16

ROAD

PIPARWAR W REJECTS

           65,000

           38,870

                               950

                              1,140

                                1,140

                             20

                              -  

4001-4300

G11

n

CCL

25-Feb-16

ROAD

GIDI W REJECTS

           15,000

            4,250

                               950

                              1,140

                                1,140

                             20

                              -  

4001-4300

G11

n

CCL

25-Feb-16

ROAD

KEDLA W REJECTS (P/L)

           20,000

           20,000

                               950

                              1,140

                                1,210

                             27

                               6

4001-4300

G11

ROM

CCL

24-Feb-16

ROAD

TETARIAKHAR

         100,000

         100,000

                               950

                              1,140

                                1,155

                             22

                               1

4001-4300 Total

 

 

 

 

 

 

        200,000

       163,120