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New UserVery strong demand for G14 grade in Nov e-auction
09 Dec 2015
India Coal Market Watch
December 8: 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 November 2015 as the entire offering of 200,000 tons by SECL got allotted at a weighted average price of Rs 915 per ton, according to data available with ICMW.
Similar kind of demand was witnessed in 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.
In September too, strong demand had been seen for this grade on coaljunction as the entire offering of 150,000 tons by SECL had got allotted at a weighted average price of Rs 1,328 per ton.
Following are the details of e-auction of G14 grade coal in November 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 |
13-Nov-15 |
ROAD |
Gare Pelma IV/2&3 |
2,00,000 |
2,00,000 |
740 |
888 |
915 |
24 |
3 |
|
3101-3400 Total |
|
|
|
|
|
|
2,00,000 |
2,00,000 |
|
|
|
|
|