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G-1 coal sees very strong demand in July e-auction

28 Aug 2014

 
August 28: There was a very strong demand for G-1 grade (GCV above 7,000 Kcal/kg) coal offered by NEC for allotment through the e-auction platform of MSTC in July 2014, as the entire offered quantity of 12,000 tons got allotted during the month at a weighted average price of Rs 6,469 per ton.

Following are the details:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Qty Alloted (In tons)

(ANP)Average Notified Price (in Rs)

(ARP)Average Reserve Price (In Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

>7000

G1

ROM

NEC

8-Jul-14

ROAD

Ledo OCP (stock on as is where is basis)

             12,000

              12,000

               5,470

               5,470

                   6,469

                     18

                   18

>7000 Total

 

 

 

 

 

 

           12,000

             12,000