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G6 grade sees excellent demand in Sept e-auction

10 Oct 2014

October 10: Excellent demand was witnessed for G6 grade coal (GCV range 5,501-5,800 Kcal/kg) offered by CIL’s subsidiaries on coaljunction’s e-auction platform in September 2014, as the entire offered quantity of 15,000 tons got allotted at a weighted average price of Rs 5,047/ton.

In fact, there was excellent demand for G6 grade coal on coaljunction in August 2014, as the entire offered quantity of 46,700 tons got allotted at a weighted average price of Rs 4,246/ton.

Similarly, there was high demand for the same grade in July 2014, as the entire offered quantity of 81,290 tons got allotted at a weighted average price of Rs 4,143/ton.

Following are the details of e-auction of G-6 grade coal during the month of September 2014:

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 (Rs./t)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

5501-5800

G6

STM

NCL

12-Sep-14

Road

Krishnasila

15,000

15,000

2,330.00

2,330.00

5,047.28

117

117

5501-5800 Total

 

 

 

 

 

 

15,000

15,000