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G-3 grade meets with strong demand in Sept in e-auction

31 Oct 2014

October 31: Strong demand was witnessed for G-3 grade (GCV ranging from 6,401-6,700 Kcal/Kg) coal offered for allotment via the MSTC e-auction platform during the month of September as the entire offered quantity of 15,620 tons got allotted at a weighted average price of Rs 6,777 per ton.

However, during August, this grade was not offered.

In July, on the other hand, there was strong demand for G-3 grade as the entire offered quantity of 670 tons got allotted during the month at a weighted average price of Rs 4,553 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 (%)

6401-6700

G3

n

CCL

30-Sep-14

ROAD

SAUNDA

420

420

4,070

4,070

5,830

43

43

6401-6700

G3

STM

ECL

29-Sep-14

ROAD

CHITRA-A OC: :Saharjori / Patrika

5,700

5,700

4,070

4,070

7,179

76

76

6401-6700

G3

STM

ECL

29-Sep-14

ROAD

CHITRA OCP::COLONY

8,000

8,000

4,070

4,070

6,300

55

55

6401-6700

G3

STM

ECL

29-Sep-14

ROAD

JAMBAD : Kenda (R-VI)

1,500

1,500

4,070

4,070

8,060

98

98

6401-6700 Total

 

 

 

 

 

 

15,620

15,620