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G8 grade sees moderate demand in Jan e-auction

05 Feb 2015

February 5: G8 grade coal (GCV range 4,900-5,200 Kcal/kg) offered by three subsidiaries of Coal India (CIL) met with moderate demand on coaljunction’s e-auction platform in January 2015. The quantity offered during the month stood at 158,200 tons while the total allotted quantity stood at 130,830 tons. The weighted average price of the allotted quantity during the month stood at Rs 2,187/ton.

G8 grade offered by four subsidiaries of CIL also met with moderate demand in December as the quantity offered during the month stood at 261,000 tons while the total allotted quantity stood at 191,000 tons. The weighted average price of the allotted quantity during the month stood at Rs 2,496/ton.

However, G8 grade coal offered met with good demand in November 2014. The quantity offered during the month stood at 172,600 tons while the total allotted quantity stood at 170,150 tons. The weighted average price of the allotted quantity during the month stood at Rs 3,072/ton.

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

GCVRange

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 in Rs/Mt

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

4901-5200

G8

SLK

WCL

6-Jan-15

Road

NANDGAON

2,000

2,000

2,050

2,460

2,707

32

10

4901-5200

G8

SLK

WCL

6-Jan-15

Road

Sarni

2,200

2,200

2,050

2,460

3,398

66

38

4901-5200

G8

ROM

SECL

16-Jan-15

Road

Baroud OC

33,000

33,000

1,690

2,028

2,124

26

5

4901-5200

G8

ROM

SECL

21-Jan-15

Road

Baroud OC

70,000

70,000

1,690

2,028

2,146

27

6

4901-5200

G8

 

CCL

28-Jan-15

Road

KATHARA W. REJECTS

5,000

4,980

1,690

2,028

2,029

20

0

4901-5200

G8

 

CCL

28-Jan-15

Road

GIDI- W SLURRY

15,000

5,760

1,690

2,028

2,028

20

-

4901-5200

G8

 

CCL

28-Jan-15

Road

KEDLA W. SLURRY

6,000

6,000

1,690

2,028

2,867

70

41

4901-5200

G8

 

CCL

28-Jan-15

Road

KARO OCP

25,000

6,890

1,690

2,028

2,028

20

-

4901-5200 Total

           

158,200

130,830