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G9 grade sees very strong demand in August e-auction

03 Sep 2014

September 3: G9 grade coal (GCV ranging between 4,601-4,900 Kcal/kg) offered on the coaljunction platform in August 2014 met with very strong demand as the entire offered quantity of 68,370 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 3,402/ton.

The same grade coal offered on the coaljunction platform in July 2014 also met with very strong demand as the entire offered quantity of 15,140 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 3,292/ton.

Meanwhile, this grade of coal offered on the coaljunction platform in June met with good demand as out of a total offered quantity of 437,100 tons, 374,720 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,464/ton.

Following are the details of the e-auction of G9 grade coal in August:

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 (%)

4601-4900

G9

ROM

SECL

27-Aug-14

Road

Mahan II OC (Stock)

31,000

31,000

1,310.00

1,572.00

3,533.19

170

125

4601-4900

G9

CRUROM

WCL

28-Aug-14

Road

Mungoli

7,420

7,420

1,570.00

2,025.00

3,175.18

102

57

4601-4900

G9

ROM

CCL

28-Aug-14

Road

PURNADIH

1,150

1,150

1,310.00

1,572.00

2,773.30

112

76

4601-4900

G9

ROM

CCL

28-Aug-14

Road

PIPARWAR Coal Dump

28,800

28,800

1,310.00

1,572.00

3,344.09

155

113

4601-4900  Total

           
 

68,370

68,370