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Moderate demand for G-8 grade coal at Sept e-auction

21 Oct 2013

October 21: There was moderate demand for G8 grade (GCV 4,901 to 5,200 Kcal/kg) coal offered on the MSTC platform by Western Coalfields Limited (WCL) and Central Coalfields Limited (CCL) in September 2013 as 37,500 tons were offered from which 20,240 tons got allotted.

In August, however, there was poor demand for this grade of coal offered by WCL, CCL, SECL and MCL as 258,750 tons got offered from which 76,210 tons got allotted.

The weighted average price for this coal in September 2013 was at Rs 2,683.95 against Rs   2,252.89 in August.

The following table gives details of G8 grade e-auction 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 (%)

4901-5200

n

CCL

27-Sep-13

ROAD

KATHARA W. REJECTS

10000

400

2028

1690

2028

20

0

4901-5200

n

CCL

27-Sep-13

ROAD

KEDLA W REJECTS

12000

4590

2028

1690

2028.4183

20.02

0.02

4901-5200

ROM

WCL

30-Sep-13

ROAD

NEELJAY(S)

5000

5000

2361

1968

2717

38.06

15.08

4901-5200

SLK

WCL

30-Sep-13

ROAD

SARNI

4500

4250

2256

1880

2256

20

0

4901-5200

STM

WCL

30-Sep-13

ROAD

MOHAN 9/10 Mouri.Inc.

6000

6000

2448

2040

3504.765

71.8

43.17

Total

 

 

 

 

 

37500

20240