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New UserVery strong demand for G14 grade in December e-auction
07 Jan 2016
Very strong demand was witnessed in the e-auction of G14 grade coal (GCV of 3,101 to 3,400 Kcal/kg) on the coaljunction platform in December 2015 as the entire offering of 150,000 tons by SECL got allotted at a weighted average price of Rs 1,200 per ton, according to data available with ICMW.
Similar kind of strong demand was witnessed in the e-auction of G14 grade coal on the coaljunction platform in November 2015 as the entire offering of 200,000 tons by SECL got allotted at a weighted average price of Rs 915 per ton.
Similarly, strong demand was witnessed in October 2015 as the entire offering of 250,000 tons by SECL had got allotted at a weighted average price of Rs 1,397 per ton.
Following are the details of e-auction of G14 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 (%) |
|
3101-3400 |
G14 |
ROM |
SECL |
11-Dec-15 |
Gare Pelma IV/2&3 |
ROAD |
1,50,000 |
1,50,000 |
740 |
888 |
1,200 |
62 |
35 |
|
3101-3400 Total |
|
|
|
|
|
|
1,50,000 |
1,50,000 |
|
|
|
|
|