Very strong demand for G-12 grade coal in April e-auction
07 May 2014
May 7: A very strong demand was witnessed for G-12 (GCV between 3,700 and 4,000 Kcal/kg) grade coal offered on the e-auctions platform of coaljunction during April 2014 as the entire offering of 15,000 tons of coal got allotted during the month. The weighted average price of the allotted quantity during the month stood at Rs 1,273/ton.
However, in March 2014, the entire offering of 270,000 tons of coal got allotted at a weighted average price of Rs 1,769/ton.
During February 2014 out of 1,283,500 tons offered, 1,218,200 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 1,312/ton.
Following are the details of the e-auction of G12 grade in April 2014:
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 (%) |
3701-4000 |
G12 |
Sized ROM |
SECL |
16-Apr-14 |
Baroud OC |
ROAD |
15,000 |
15,000 |
890 |
1,068 |
1,273 |
43 |
19 |
3701-4000 Total |
|
|
|
|
|
|
15,000 |
15,000 |
|
|
|
|
|