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G8 grade coal finds moderate demand in October e-auction

06 Nov 2013

November 6: G8 grade coal (GCV range 4,900-5,200 Kcal/kg) offered by four subsidiaries of CIL met with moderate demand during October 2013 as 61.29% of the total offered quantity of 194,400 tons got allotted. The total allotted quantity stood at 119,140 tons whereas the weighted average price of the allotted quantity during the month stood at Rs 2,297/ton.

On the other hand, in September, coal offered by four subsidiaries of CIL met with moderate demand as 58.27% of the total offered quantity of 157,380 tons got allotted. The total allotted quantity stood at 91,710 tons whereas the weighted average price of the allotted quantity during the month stood at Rs 2,138/ton.

However, in August, coal offered on the coaljunction platform by three subsidiaries of CIL met with poor demand as 16.28% of the total offered quantity of 160,600 tons got allotted. The total allotted quantity stood at 26,150 tons. The weighted average price of the allotted quantity during the month stood at Rs 2616/ton.

Following is the detail of e-auction of G8 grade coal by road delivery:


Name of the Company

Month

Ex Location

Grade / GCV Band

GCV Range

Size

Mode of Despatch

Quantity Offered(t)

Quantity Allotted(t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% increase over reserve price

% increase over notified price

WCL

Oct-13

MANA

G8

 

SLK

Road

4,000

4,000

2,256

1,880

2,998

33

59

WCL

Oct-13

NANDGAON

G8

 

SLK

Road

4,000

4,000

2,256

1,880

3,139

39

67

SECL

Oct-13

Baroud OC

G8

Sized ROM

ROM

Road

90,000

43,500

2,028

1,690

2,028

0

20

SECL

Oct-13

Dharam U/G

G8

Sized ROM

ROM

Road

3,000

1,800

2,028

1,690

2,028

0

20

WCL

Oct-13

MOHAN 9/10 Mouri.Inc

G8

 

STM

Road

5,500

5,500

2,448

2,040

3,047

24

49

WCL

Oct-13

HLCOC

G8

 

CRUSHED ROM

Road

6,000

6,000

2,361

1,968

2,864

21

46

WCL

Oct-13

MANA

G8

 

SLK

Road

2,200

2,200

2,256

1,880

3,206

42

71

WCL

Oct-13

NANDGAON

G8

 

SLK

Road

3,000

3,000

2,256

1,880

3,195

42

70

WCL

Oct-13

PAONI OC

G8G9

 

MIX

Road

5,000

5,000

2,200

1,833

3,272

49

78

SECL

Oct-13

Baroud OC

G8

Sized ROM

ROM

Road

46,500

30,900

2,028

1,690

2,028

0

20

SECL

Oct-13

Dharam U/G

G8

Sized ROM

ROM

Road

1,200

1,200

2,028

1,690

2,029

0

20

CCL

Oct-13

KATHARA W. REJECTS

G8

4901-5200

 

Road

5,000

760

2,028

1,690

2,028

0

20

CCL

Oct-13

KEDLA W. REJECTS

G8

4901-5200

 

Road

12,000

4,280

2,028

1,690

2,028

0

20

CCL

Oct-13

GIDI- W SLURRY

G8

4901-5200

 

Road

7,000

7,000

2,028

1,690

2,151

6

27

Total

 

 

 

 

 

 

194,400

119,140