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Coal news and updates

Very high demand for G9 grade in Oct e-auction

05 Nov 2014

November 5: G9 grade coal (GCV ranging between 4,601-4,900 Kcal/kg) offered on the coaljunction e-auction platform in October 2014 met with strong demand as the entire offered quantity of 61,800 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 3,353/ton.

This grade also met with strong demand in September as out of the offered quantity of 32,600 tons, 32,400 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 3,236/ton.

The same grade offered in August 2014 also met similar demand as the entire offered quantity of 68,370 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 3,402/ton.

Following are the details of the e-auction of G9 grade coal in October:

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Mode of Despatch

Ex Location

Quantity Offered (t)

Quantity Allotted (t)

Notified Price (Rs./t)

Reserve Price (Rs./t)

Average Price (Rs./t)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

4601-4900

G9

ROM

CCL

28-Oct-14

ROAD

PURNADIH

1,550

1,550

1,310

1,572

2,731

109

74

4601-4900

G9

ROM

CCL

28-Oct-14

ROAD

PIPARWAR Coal Dump

39,000

39,000

1,310

1,572

3,313

153

111

4601-4900

G9

CRUROM

WCL

30-Oct-14

ROAD

GONDEGAON OC

830

830

1,570

2,025

3,795

142

87

4601-4900

G9

CRUROM

WCL

30-Oct-14

ROAD

Mungoli

15,860

15,860

1,570

2,025

3,592

129

77

4601-4900

G9

CRUROM

WCL

30-Oct-14

ROAD

NAIGAON (Cost Plus)

4,560

4,560

2,615

2,705

3,006

15

11

4601-4900 Total

           

61,800

61,800