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G9 grade sees fair demand in March e-auction

28 Apr 2015

April 28:  Fair demand was witnessed for the 180,000 tons of G9 grade (GCV 4,601 to 4,900 Kcal/kg) coal offered by CIL subsidiaries through the MSTC platform in March 2015 as out of this entire offered quantity, 157,930 tons got allotted at a weighted average price of Rs 1,916 per ton.

However, moderate demand was witnessed for the 399,100 tons of G9 grade coal offered through the MSTC platform in February 2015 as out of this entire offered quantity of 3,99,100 tons, 194,570 tons got allotted at a weighted average price of Rs 2,140 per ton.

However, a more or less fair demand was witnessed for the 486,900 tons of G9 grade in January 2015 as out of this entire offered quantity, 335,910 tons got allotted at a weighted average price of Rs 2,133 per ton.

Following are the details of G9 grade e-auction in March 2015:

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 (%)

4601-4900

G9

ROM

CCL

30-Mar-15

ROAD

PIPARWAR Coal Dump

1,25,000

1,25,000

1,310

1,572

1,881

44

20

4601-4900

G9

n

CCL

25-Mar-15

ROAD

KDH

25,000

25,000

1,310

1,572

2,097

60

33

4601-4900

G9

SLURRY

WCL

11-Mar-15

ROAD

NANDAN WASHERY

30,000

7,930

1,590

1,908

1,908

20

-

4601-4900 Total

 

 

 

 

 

 

1,80,000

1,57,930