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G8 grade sees good demand in Oct e-auction

05 Nov 2014

November 5: G8 grade coal (GCV range 4,900-5,200 Kcal/kg) offered by Central Coalfields (CCL) and Western Coalfields Limited (WCL) of Coal India (CIL) met with good demand on coaljunction’s e-auction platform in October 2014. The quantity offered during the month stood at 40,430 tons while the total allotted quantity stood at 39,980 tons. The weighted average price of the allotted quantity during the month stood at Rs 2,828/ton.

This grade also met with good demand in September 2014. The quantity offered during the month stood at 2,000 tons while the total allotted quantity stood at 1,940 tons. The weighted average price of the allotted quantity during the month stood at Rs 2,028/ton.

Similar demand was also seen in August as out of 45,000 tons offered, the allotted quantity stood at 41,090 tons. The weighted average price of the allotted quantity during the month stood at Rs 2,184/ton.

Following are the details of the e-auction of G8 grade coal in October 2014:

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Mode of Despatch

Ex Location

Quantity Offered (t)

Quantity Allotted (t)

Notified Price (Rs./t)

Reserve Price (Rs./t)

Average Price (Rs./t)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

4901-5200

G8

 

CCL

28-Oct-14

ROAD

GIDI- W SLURRY

15,000

14,930

1,690

2,028

2,028

20

-

4901-5200

G8

 

CCL

28-Oct-14

ROAD

KEDLA W. SLURRY

5,000

5,000

1,690

2,028

2,672

58

32

4901-5200

G8

 

CCL

28-Oct-14

ROAD

KARO OCP

1,580

1,580

1,690

2,028

2,191

30

8

4901-5200

G8

SLK

WCL

30-Oct-14

ROAD

MANA

2,500

2,500

2,050

2,460

4,156

103

69

4901-5200

G8

SLK

WCL

30-Oct-14

ROAD

NANDGAON

2,500

2,500

2,050

2,460

4,000

95

63

4901-5200

G8

CRUROM

WCL

31-Oct-14

ROAD

MORPAR UG

5,000

4,620

2,030

2,577

2,580

27

0

4901-5200

G8

STM

WCL

31-Oct-14

ROAD

MOHAN 9/10 Mouri.Inc

2,850

2,850

2,210

2,652

4,466

102

68

4901-5200

G8

SLK

WCL

31-Oct-14

ROAD

Sarni

6,000

6,000

2,050

2,460

3,489

70

42

4901-5200 Total

           

40,430

39,980