Weak demand for G16 grade in December e-auction
30 Jan 2015
January 30: A weak demand was witnessed in December 2014 for G16 grade (GCV 2,501 to 2,800 Kcal/kg) coal offered by CIL subsidiaries as out of the offered quantity of 45,000 tons, 15,640 tons got allotted at a weighted average price of Rs 732 per ton.
However, during the previous month, this grade was not offered for allotment via this platform.
Following are the details of e-auction of G16 grade coal on the MSTC platform during December 2014:
GCV |
Grade |
Size |
Company Name |
Event Date |
Mode |
Colliery |
Qty offered (In tons) |
Qty Alloted (In tons) |
(ANP) Average Notified Price (in Rs) |
(ARP) Average Reserve Price (In Rs) |
(AAP) Average Auctioned Price (in Rs) |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
2501-2800 |
G16 |
n |
CCL |
26-Dec-14 |
ROAD |
KATHARA W. REJECTS (P/L)# (HEAP NO.19 D) |
35,000 |
8,490 |
610 |
732 |
732 |
20 |
0.02 |
2501-2800 |
G16 |
n |
CCL |
26-Dec-14 |
ROAD |
KARGALI W REJECTS (P/L) |
10,000 |
7,150 |
610 |
732 |
732 |
20 |
- |
2501-2800 Total |
|
|
|
|
|
|
45,000 |
15,640 |
|
|
|
|
|