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G12 sees good demand in March on coaljunction

05 Apr 2016

Good demand was witnessed for G12 grade coal (GCV of 3,701-4,000 Kcal/kg)  as out of 540,000 tons offered by SECL for sale through the e-auction platform of coaljunction in March 2016, 261,850 tons got allotted at an average weighted price of Rs 1,070, according to data available with ICMW.

 

On the other hand, strong demand was witnessed for G12 grade as out of 1,340,000 tons offered by SECL, MCL and CCL for sale through coaljunction in February 2016, 880,490 tons got allotted at a weighted average price of Rs 1,117.

 

However, there was nil demand for 75,000 tons of G12 grade coal (GCV of 3,701-4,000 Kcal/kg) offered by CCL for sale through coaljunction in January 2016.

 

Following are details of the e-auction of G12 grade coal in March 2016 on coaljunction

 

GCV Range

Grade / GCV Band

Size

Name of the client

Event Date

Mode of Despatch

Ex Location

Qty offered    (in Tons)

Qty Alloted          (in Tons)

Notified Price (in Rs./Ton)

Reserve Price (in Rs./Ton)

Average Price (in Rs./Ton)

 % Increase over Notified Price (%)

 % Increase Over Reserve Price (%)

3701-4000

G12

ROM

SECL

08-Mar-16

ROAD

Baroud OCM

         200,000

         200,000

                 890

               1,068

                 1,070

                             20

                           0.23

3701-4000

G12

ROM

SECL

08-Mar-16

ROAD

Jampali OC

         200,000

           60,050

                 890

               1,068

                 1,068

                             20

                              -  

3701-4000

G12

ROM

SECL

28-Mar-16

ROAD

Jampali OC

         140,000

            1,800

                 890

               1,068

                 1,068

                             20

                              -  

3701-4000 Total

 

 

 

 

 

 

        540,000

       261,850