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New UserVery strong demand for G-13 grade coal in April e-auction
28 May 2014
May 28: Very strong demand was witnessed for G-13 (GCV 3,401 to 3,700Kcal/Kg) grade coal offered by MCL for allotment via the MSTC platform during April 2014 as the entire offered quantity of 450,000 tons got allotted at a weighted average price of Rs 1,716 per ton.
However, very strong demand was witnessed for G-13 (GCV 3,401 to 3,700Kcal/Kg) grade coal offered by MCL for allotment via the MSTC platform during March 2014 as the entire offered quantity of 100,000 tons got allotted at a weighted average price of Rs 989 per ton.
On the other hand, no demand was witnessed for G-13 grade coal offered by NCL for allotment via the MSTC platform during February 2014 as the entire offered quantity of 1,209 tons failed to attract any bid at the e-auction.
Following are the details of e-auctions of G-13 grade coal in April 2014:
|
GCV |
Grade |
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 (%) |
|
3401-3700 |
G13 |
- 100mm |
MCL |
26-Apr-14 |
ROAD |
Hingula |
150,000 |
150,000 |
820 |
984 |
1,350 |
65 |
37 |
|
3401-3700 |
G13 |
- 100mm |
MCL |
26-Apr-14 |
ROAD |
Lakhanpur |
200,000 |
200,000 |
820 |
984 |
1,859 |
127 |
89 |
|
3401-3700 |
G13 |
- 100mm |
MCL |
26-Apr-14 |
ROAD |
Belpahar |
100,000 |
100,000 |
820 |
984 |
1,977 |
141 |
101 |
|
3401-3700 Total |
450,000 |
450,000 |