Very strong demand for G12 grade coal in May e-auction
04 Jun 2014
June 4: Very strong demand was witnessed for G12 (GCV between 3,700 and 4,000 Kcal/kg) grade coal offered on the e-auctions platform of coaljunction during May 2014 as the entire offering of 1,032,000 tons got allotted during the month. The weighted average price of the allotted quantity during the month stood at Rs 1,551/ton.
In April 2014 too, the entire offering of 15,000 tons got allotted at a weighted average price of Rs 1,273/ton.
Similarly, during March 2014, the entire offering of 270,000 tons got allotted at a weighted average price of Rs 1,769/ton.
Following are the details of the e-auction of G12 grade in May 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 |
ROM |
SECL |
19-May-14 |
Manikpur OC |
Road |
70,000 |
70,000 |
890 |
1,068 |
1,963 |
121 |
84 |
3701-4000 |
G12 |
ROM |
SECL |
19-May-14 |
Baroud OC |
Road |
267,000 |
267,000 |
890 |
1,068 |
1,393 |
56 |
30 |
3701-4000 |
G12 |
ROM |
SECL |
19-May-14 |
Chhal OC |
Road |
175,000 |
175,000 |
890 |
1,068 |
1,785 |
101 |
67 |
3701-4000 |
G12 |
STM |
MCL |
26-May-14 |
Samaleshwari |
Road |
85,000 |
85,000 |
1,070 |
1,284 |
1,426 |
33 |
11 |
3701-4000 |
G12 |
STM |
MCL |
26-May-14 |
Lilari |
Road |
40,000 |
40,000 |
1,070 |
1,284 |
1,880 |
76 |
46 |
3701-4000 |
G12 |
STM |
MCL |
26-May-14 |
Balram |
Road |
175,000 |
175,000 |
1,070 |
1,284 |
1,290 |
21 |
0 |
3701-4000 |
G12 |
STM |
MCL |
26-May-14 |
Hingula |
Road |
40,000 |
40,000 |
1,070 |
1,284 |
1,298 |
21 |
1 |
3701-4000 |
G12 |
- 100 mm |
MCL |
26-May-14 |
Lingaraj |
Road |
80,000 |
80,000 |
890 |
1,068 |
1,570 |
76 |
47 |
3701-4000 |
G12 |
- 100 mm |
MCL |
26-May-14 |
Ananta |
Road |
100,000 |
100,000 |
890 |
1,068 |
1,793 |
102 |
68 |
3701-4000 Total |
1,032,000 |
1,032,000 |