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New UserVery strong demand for G11 grade in December e-auction
07 Jan 2016
Very strong demand was witnessed for G11 grade coal (GCV range 4,001 and 4,300 Kcal/kg) as entire 300,000 tons offered by SECL for sale through the e-auction platform of coaljunction in November 2015, got allotted an average weighted price of Rs 1,152, according to data available with ICMW.
Strong demand was witnessed for G11 grade coal as out of 600,000 tons offered by CCL and SECL for sale through the e-auction platform of coaljunction in November 2015, as much as 515,560 tons got allotted an average weighted price of Rs 1,323.
However, moderate demand was witnessed for G11 grade in October, as out of 2,300,000 tons offered by CCL, MCL and SECL, as much as 1,154,550 tons were allotted at an average weighted price of Rs 999.
Following are the details of e-auction of G11 grade coal in December 2015 on coaljunction:
|
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 in Rs/Mt |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
|
4001-4300 |
G11 |
ROM |
SECL |
24-Dec-15 |
Gevra OC(Stock) |
ROAD |
3,00,000 |
3,00,000 |
950 |
1,140 |
1,152 |
21 |
1 |
|
4001-4300 Total |
|
|
|
|
|
|
3,00,000 |
3,00,000 |
|
|
|
|
|