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G-12 grade sees strong demand in Oct e-auction

28 Nov 2014

November 28: Strong demand was seen for G-12 grade (GCV ranging from 3,701-4,000 Kcal/Kg) coal offered during October 2014 on the e-auction platform of MSTC as the entire offered quantity of 160,000 tons got allotted during the month at a weighted average price of Rs 3,217 per ton.

Similar strong demand was also seen for this grade offered during September as the entire offered quantity of 40,000 tons got allotted during the month at a weighted average price of Rs 3,021 per ton.

No such grade was offered in August.

Following are the details of e-auction of G12 grade in October 2014:

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 (%)

3701-4000

G12

ROM

SECL

28-Oct-14

ROAD

Manikpur OC (Stock)

70,000

70,000

890

1,068

3,309

272

210

3701-4000

G12

ROM

SECL

28-Oct-14

ROAD

Baroud OC

45,000

45,000

890

1,068

2,986

236

180

3701-4000

G12

ROM

SECL

28-Oct-14

ROAD

Chhal OC

45,000

45,000

890

1,068

3,304

271

209

3701-4000 Total

 

 

 

 

 

 

160,000

160,000