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Moderate demand for G-3 grade coal in Sept e-auction

21 Oct 2013

October 21: Moderate demand was witnessed for G-3 grade coal (GCV between 6,401 and 6,700 Kcal/kg) offered for allotment via the e-auction platform of MSTC Ltd during September as out of 21,500 tons of coal offered by Central Coalfields Limited (CCL), South Eastern Coalfields Limited (SECL) and Eastern Coalfields Limited (ECL) around 11,600 tons got allotted.

On the other hand, in August, out of 71,922 tons of this grade offered by CCL, SECL, Bharat Coking Coal Limited (BCCL) and ECL, around 59,772 tons had got allotted.

The weighted average price of this grade in September was at Rs 4,889.45 against August's Rs 4,524.98.

Following are the details of e-auction of G-3 grade coal in September 2013:

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered

Sold qty

(ARP) Average Reserve Price (In Rs)

(ANP)Average Notified Price (in Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

WTD AVG

6401-6700

n

CCL

27-Sep-13

ROAD

SAUNDA

1500

1500

4070

4070

5025.86667

23.49

23.49

 

6401-6700

n

CCL

27-Sep-13

ROAD

BACHRA

6000

0

NA

NA

NA

0

0

 

6401-6700

n

CCL

27-Sep-13

ROAD

SIRKA

2000

2000

4070

4070

5016.15

23.25

23.25

 

6401-6700

STM

ECL

26-Sep-13

ROAD

JAMBAD : Kenda (R-VI)

3500

3500

4070

4070

5835.57143

43.38

43.38

 

6401-6700

STM

SECL

18-Sep-13

ROAD

Rajnagar RO

1500

1100

4070

4070

4070

0

0

 

6401-6700

STM

SECL

18-Sep-13

ROAD

Jhiria UG

4000

1400

4070

4070

4070

0

0

 

6401-6700

STM

SECL

18-Sep-13

ROAD

Malga

3000

2100

4070

4070

4070

0

0

 

Total

 

 

 

 

 

     21,500

     11,600