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Very high demand for G12 in March on other platform

26 Apr 2016

Very strong demand was witnessed in March 2016 for G12 grade (GCV 3,701 to 4,000 Kcal/kg) coal offered by CIL subsidiaries through MSTC as out of the entire offered quantity of 1,396,244 tons, 1,093,000 tons got allotted at a weighted average price of Rs 1,008 per ton, as per data available with ICMW.

However, there was no offer for G12 grade coal by CIL subsidiaries through the e-auction platform of MSTC in February 2016.

Like March, very strong demand was witnessed in January 2016 for G12 grade coal offered by CIL subsidiaries through MSTC as out of the entire offered quantity of 1,075,000 tons, 868,930 tons got allotted at a weighted average price of Rs 1,153 per ton, as per data available with ICMW.

Following are details of the e-auctions of G12 grade on MSTC in March 2016:
 

GCV Range

Grade / GCV Band

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 (%)

3701-4000

G12

ROM

CCL

22-Mar-16

ROAD

AMRAPALI COAL SALES CENTRE (SM)

         200,000

                 -  

                                 -  

                                  -  

                                     -  

                             -  

                             -  

3701-4000

G12

ROM

SECL

18-Mar-16

RAIL

Robertson Siding

         101,244

                 -  

                                 -  

                                  -  

                                     -  

                             -  

                             -  

3701-4000

G12

ROM

SECL

18-Mar-16

ROAD

Mnikpur OC (Stock)

         100,000

         100,000

                               660

                                726

                                   861

                             30

                             19

3701-4000

G12

ROM

SECL

18-Mar-16

ROAD

Jampali OC

         200,000

         200,000

                               660

                                726

                                   726

                             10

                             -  

3701-4000

G12

n

MCL

8-Mar-16

ROAD

Bharatpur

           60,000

           60,000

                               890

                              1,068

                                1,331

                             50

                             25

3701-4000

G12

n

MCL

8-Mar-16

ROAD

Ananta

           70,000

           70,000

                               890

                              1,068

                                1,396

                             57

                             31

3701-4000

G12

n

MCL

8-Mar-16

ROAD

Kaniha

         445,000

         445,000

                               890

                              1,068

                                1,068

                             20

                          0.02

3701-4000

G12

STEAM

MCL

8-Mar-16

ROAD

Lilari

           50,000

           50,000

                             1,070

                              1,284

                                1,284

                             20

                          0.02

3701-4000

G12

STEAM

MCL

8-Mar-16

ROAD

Samleswari

           20,000

           20,000

                             1,070

                              1,284

                                1,445

                             35

                             13

3701-4000

G12

ROM

SECL

2-Mar-16

ROAD

Manikpur OC (Stock)

           50,000

           48,000

                               660

                                726

                                   874

                             32

                             20

3701-4000

G12

ROM

SECL

2-Mar-16

ROAD

Jampali OC

         100,000

         100,000

                               660

                                726

                                   826

                             25

                             14

3701-4000 Total

 

 

 

 

 

 

     1,396,244

    1,093,000