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October e-auction sees good demand for G10 grade coal

06 Nov 2013

November 6: G10 grade coal (GCV range 4,301 and 4,600 Kcal/kg) offered for e-auction on the coaljunction platform during October saw good demand as 208,926 tons of coal out of an offered quantity of 241,156 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,993/ton.

However, during September, G10 grade offerings faced poor demand as only 48.57% or 25,260 tons of coal out of an offered quantity of 52,000 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,605/ton.

On the other hand, demand for G10 grade coal was strong in August on the coaljunction platform as 97% or 102,398 tons of the total offered quantity of 105,558 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 1,773/ton.
Following are the details of the e-auction of G10 grade in October 2013:


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

NCL

Oct-13

Jhingurda

G10

 

CRUSHED ROM

Road

45,000

45,000

1,392

1,160

1,872

35

61

NCL

Oct-13

Kakri

G10

 

CRUSHED ROM

Road

40,000

40,000

1,392

1,160

2,158

55

86

NCL

Oct-13

Bina

G10

 

CRUSHED ROM

Rail

54,516

54,516

1,392

1,160

2,229

60

92

NCL

Oct-13

Jhingurda

G10

 

CRUSHED ROM

Rail

38,940

38,940

1,392

1,160

2,096

51

81

CCL

Oct-13

Tetariakhar

G10

4301-4600

 

Road

12,700

6,370

1,392

1,160

1,393

0

20

CCL

Oct-13

PIPARWAR SLURRY (MECHANICAL LOADING)

G10

4301-4600

 

Road

50,000

24,100

1,392

1,160

1,402

1

21

Total

 

 

 

 

 

 

241,156

208,926