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Strong demand for G7 grade coal in October e-auction

06 Nov 2013

November 6: G7 grade coal (GCV range 5,200-5,500 Kcal/kg) met with strong demand at the coaljunction platform in October as out of the offered quantity of 470,440 tons of coal, 457,560 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,870/ton.

In September, there was a strong demand for G7 grade coal as the entire offered quantity of 10,000 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,851/ton.

However, in August, 92.82%, or 89,850 tons of the offered quantity of 96,800 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,937/ton.

Following are the details of e-auction of G7 and mixed 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

MANA

G7

 

STM

Road

1,500

1,500

2,712

2,260

3,935

45

74

WCL

Oct-13

NANDGAON

G7

 

STM

Road

2,500

2,500

2,742

2,285

3,701

35

62

WCL

Oct-13

MAHAKALI UG

G7G8

 

MIX

Road

5,000

1,760

2,545

2,121

2,545

0

20

WCL

Oct-13

DRC No. 4

G7G8

 

MIX

Road

5,800

5,800

2,530

2,108

2,888

14

37

WCL

Oct-13

DRC 6-7-8

G7G8

 

MIX

Road

2,000

2,000

2,530

2,108

3,092

22

47

WCL

Oct-13

SILEWARA AB INC.

G7G8

 

MIX

Road

10,000

10,000

2,530

2,108

2,702

7

28

WCL

Oct-13

SHIVPURI OC Patches

G7G9

 

MIX

Road

40,000

40,000

2,328

1,940

2,724

17

40

WCL

Oct-13

BHANDEWADA

G7G8

 

MIX

Road

10,300

10,300

2,530

2,108

2,855

13

35

ECL

Oct-13

SIMLONG:: SEAM TOP (NO-1) SEAM BOTTOM (NO- II)

G7

 

STM

Road

4,100

120

2,484

2,070

2,484

0

20

SECL

Oct-13

AMGAON OC

G7

Sized ROM

ROM

Road

27,000

27,000

2,268

1,890

2,832

25

50

NCL

Oct-13

Jayant

G7

 

CRUSHED ROM

Rail

155,760

155,760

2,268

1,890

3,042

34

61

NCL

Oct-13

Dudhichua

G7

 

CRUSHED ROM

Rail

77,880

77,880

2,268

1,890

2,857

26

51

WCL

Oct-13

PADMAPUR OC

G7G8

 

MIX

Road

10,000

10,000

2,530

2,108

3,350

32

59

WCL

Oct-13

MANA

G7

 

STM

Road

1,000

1,000

2,712

2,260

4,037

49

79

WCL

Oct-13

NANDGAON

G7

 

STM

Road

2,000

2,000

2,742

2,285

3,877

41

70

WCL

Oct-13

DRC No. 4

G7G8

 

MIX

Road

7,000

7,000

2,530

2,108

2,583

2

23

WCL

Oct-13

DRC 6-7-8

G7G8

 

MIX

Road

4,000

4,000

2,530

2,108

3,250

28

54

WCL

Oct-13

BALLARPUR OC

G7G9

 

MIX

Road

7,000

7,000

2,328

1,940

2,920

25

50

WCL

Oct-13

SILEWARA AB INC.

G7G8

 

MIX

Road

10,000

10,000

2,530

2,108

2,541

0

21

WCL

Oct-13

Inder UG Conv. To OC

G7G9

 

MIX

Road

10,000

10,000

2,328

1,940

3,079

32

59

WCL

Oct-13

SHIVPURI OC Patches

G7G9

 

MIX

Road

40,000

39,240

2,328

1,940

2,329

0

20

WCL

Oct-13

BHANDEWADA

G7G8

 

MIX

Road

10,000

10,000

2,530

2,108

2,812

11

33

SECL

Oct-13

Birsingpur

G7

 

SLK

Road

1,300

No Bid

2,292

1,910

NA

#VALUE!

#VALUE!

SECL

Oct-13

Pali

G7

 

SLK

Road

3,600

No Bid

2,292

1,910

NA

#VALUE!

#VALUE!

SECL

Oct-13

Bangwar UG (Bunker)

G7

 

SLK

Road

2,700

2,700

2,292

1,910

2,292

0

20

CCL

Oct-13

GIRIDIH

G7

5201-5500

 

Road

10,000

10,000

2,484

2,070

2,602

5

26

CCL

Oct-13

RAJRAPPA-SLURRY

G7

5201-5500

 

Road

10,000

10,000

2,268

1,890

2,769

22

46

Total

 

 

 

 

 

 

470,440

457,560