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Very high demand for G13 grade coal in July e-auction

25 Aug 2016

Very strong demand was witnessed in July 2016 for grade G13 (GCV 3,401 to 3,700 Kcal/kg) coal as out of the entire quantity of 981,990 tons offered on MSTC by CIL subsidiaries, 740,680 tons got allotted at a weighted average price of Rs 1,033 per ton, as per data available with ICMW.

Similar strong demand was witnessed in June 2016 for grade G13 coal as out of the entire quantity of 710,000 tons offered on MSTC by CIL subsidiaries, 623,500 tons got allotted at a weighted average price of Rs 1,089 per ton.

Following are details of the e-auctions of G13 grade on MSTC in July 2016:
 

GCV Range

Grade / GCV Band

Size

Client

e-Auction 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)

(TNP)Total Notified Price (in Rs)

(TRP) Total Reserve Price (In Rs)

3401-3700

G13

ROM

MCL

15-Jul-16

ROAD

Balram

         100,000

           79,290

                                860

                             1,032

                             1,032

                     68,189,400

                     81,827,280

3401-3700

G13

ROM

MCL

15-Jul-16

ROAD

Hingula

         300,000

           79,400

                                860

                             1,032

                             1,032

                     68,284,000

                     81,940,800

3401-3700

G13

ROM

MCL

15-Jul-16

ROAD

Lakhanpur

         175,000

         175,000

                                860

                             1,032

                             1,032

                   150,500,000

                   180,600,000

3401-3700

G13

ROM

MCL

15-Jul-16

ROAD

Belpahar

           80,000

           80,000

                                860

                             1,032

                             1,034

                     68,800,000

                     82,560,000

3401-3700

G13

ROM

MCL

15-Jul-16

ROAD

Samleswari

           80,000

           80,000

                                860

                             1,032

                             1,036

                     68,800,000

                     82,560,000

3401-3700

G13

ROM

MCL

15-Jul-16

ROAD

Kaniha

         246,990

         246,990

                                860

                             1,032

                             1,032

                   212,411,400

                   254,893,680

3401-3700 Total

 

 

 

 

 

 

        981,990

       740,680