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G9 grade coal sees moderate demand in Oct e-auction

06 Nov 2013

November 6: G9 grade coal (GCV ranging between 4,601-4,900 kCal/kg) offered at the coaljunction platform in October met with moderate demand as out of a total offered quantity of 362,650 tons of coal, 294,720 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,214/ton.
In September, offerings met with moderate demand as out of a total offered quantity of 147,500 tons of coal, 126,050 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,877/ton.
However, in August, good demand was witnessed for G9 grade of coal as 89.57% or 148,600 tons of the total offered quantity of 165,900 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,199/ton.

Following are the details of e-auction of G9 grade coal in October:


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

UKNI OC (Cost plus)

G9

 

CRUSHED ROM

Road

20,000

20,000

2,586

2,155

2,810

9

30

WCL

Oct-13

NANDAN WASHERY

G9

 

SLURRY

Road

30,000

2,760

1,740

1,450

1,740

0

20

WCL

Oct-13

Gouri CHP

G9

 

CRUSHED ROM

Road

37,000

37,000

1,857

1,548

2,305

24

49

WCL

Oct-13

GONDEGAON OC

G9

 

CRUSHED ROM

Road

10,000

10,000

1,857

1,548

2,443

32

58

WCL

Oct-13

UKNI OC (Cost plus)

G9

 

CRUSHED ROM

Road

60,000

38,610

2,586

2,155

2,586

0

20

WCL

Oct-13

Pimpalgaon

G9

 

CRUSHED ROM

Road

15,000

15,000

1,857

1,548

2,450

32

58

CCL

Oct-13

PIPARWAR Coal Dump

G9

4601-4900

ROM

Road

170,650

170,650

1,572

1,310

2,017

28

54

CCL

Oct-13

PURNADIH

G9

4601-4900

ROM

Road

20,000

700

1,572

1,310

1,572

0

20

Total

 

 

 

 

 

 

362,650

294,720