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High demand for G7 grade in September e-auction

10 Oct 2014

October 10: G7 grade coal (GCV range of 5,200-5,500 Kcal/kg) met with high demand on the coaljunction platform in September 2014 as the entire offered quantity of 4,915 tons of coal got allotted during the month. The weighted average price of the allotted quantity during the month stood at Rs 3,808/ton.

However, G7 grade coal met with moderate demand on coaljunction in August 2014 as 54,530 tons got allotted out of an offered quantity of 63,760 tons. The weighted average price of the allotted quantity during the month stood at Rs 3,083/ton.

On the other hand, the same grade coal met with excellent demand in July 2014 as the entire offered quantity of 12,770 got allotted. The weighted average price of the allotted quantity during the month stood at Rs 3,778/ton.

Following are the details of the e-auction of G7 and mixed grade coal in 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 (%)

5201-5500

G7

STM

BCCL

18-Sep-14

Road

DAMAGORIA CHAPTORIA OCP

3,000

3,000

2,070.00

2,484.00

3,618.33

75

46

5201-5500

G7

 

CCL

29-Sep-14

Road

GIDI-C

1,915

1,915

2,070.00

2,484.00

4,105.98

98

65

5201-5500 Total

 

 

 

 

 

 

4,915

4,915