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Very good demand for G11 grade coal in Sept e-auction

21 Oct 2013

October 21: There was very good demand for G11 grade (GCV 4,001 to 4,300 Kcal/kg) coal offered by CCL and SECL for allotment through the MSTC platform in September 2013 as the entire offered quantity of 380,000 got allotted.

In August, too there was good demand for this grade offered by CCL and MCL as 143,870 got allotted from the offered quantity of 195,000 tons.

The weighted average price for this grade of coal in September was at Rs 1,525.97 against Rs 1,141.56 in August.
Following are the details of e-auctions of G11 grade of 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 (%)

4001-4300

N

CCL

27-Sep-13

ROAD

PIPARWAR W REJECTS

30000

30000

1140

950

1623.77333

70.92

42.44

4001-4300

ROM

SECL

18-Sep-13

ROAD

Gevra OC (Stock)

150000

150000

1140

950

1531.194

61.18

34.32

4001-4300

ROM

SECL

18-Sep-13

ROAD

Gevra OC (Bunker)

200000

200000

1140

950

1507.38675

58.67

32.23

Total

 

 

 

 

 

380000

380000