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Very strong demand for G-10 grade coal in Sept e-auction

21 Oct 2013

October 21: There was very strong demand in September 2013 for G10 grade (GCV 4,301 to 4,600 Kcal/kg) coal offered by CCL and NCL for allotment through the MSTC platform as the entire offered quantity of 120,340 tons got allotted.

In August, however, there seemed to be very poor demand for this grade offered by CCL, and MCL, as only 5,350 tons out of the offered quantity of 60,000 tons got allotted.

The weighted average price of this grade of coal in September 2013 was at Rs 1,933.29 against Rs 1,396.04 in August.

Following are the details of e-auctions of G10 grade of coal in September:


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 (%)

4301-4600

n

CCL

27-Sep-13

ROAD

TETARIAKHAR

8400

8400

1392

1160

1560.53452

34.53

12.11

4301-4600

ROM

NCL

23-Sep-13

RAIL

Jhingurda

38940

38940

1392

1160

2232

92.41

60.34

4301-4600

ROM

NCL

23-Sep-13

ROAD

Jhingurda

33000

33000

1392

1160

1602.48485

38.15

15.12

4301-4600

ROM

NCL

23-Sep-13

ROAD

Kakri

40000

40000

1392

1160

1993.685

71.87

43.22

Total

 

 

 

 

 

120340

120340