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New UserVery strong demand for G13 grade coal in May e-auction
04 Jun 2014
June 4: Very strong demand was witnessed for G13 (GCV between 3,400 and 3,700 Kcal/kg) grade coal offered on the e-auctions platform of coaljunction during May 2014 as the entire offering of 340,000 tons got allotted during the month. The weighted average price of the allotted quantity during the month stood at Rs 2,053/ton.
However, in April, this grade of coal was not offered for allotment.
Following are the details of the e-auction of G13 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 (%) |
|
3401-3700 |
G13 |
- 100 mm |
MCL |
26-May-14 |
Lakhanpur |
Road |
200,000 |
200,000 |
820 |
984 |
2,240 |
173 |
128 |
|
3401-3700 |
G13 |
- 100 mm |
MCL |
26-May-14 |
Belpahar |
Road |
50,000 |
50,000 |
820 |
984 |
2,167 |
164 |
120 |
|
3401-3700 |
G13 |
- 100 mm |
MCL |
26-May-14 |
Balram |
Road |
60,000 |
60,000 |
820 |
984 |
1,568 |
91 |
59 |
|
3401-3700 |
G13 |
- 100 mm |
MCL |
26-May-14 |
Hingula |
Road |
30,000 |
30,000 |
820 |
984 |
1,588 |
94 |
61 |
|
3401-3700 Total |
340,000 |
340,000 |