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Good demand for G11 grade coal in October e-auction

06 Nov 2013

November 6: Good demand was witnessed for G11 grade coal (GCV range 4,001 and 4,300 Kcal/kg) during October as out of 690,138 tons of coal offered by three subsidiaries of CIL, 608,252 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,732/ton.

In September, out of 557,880 tons of coal offered by four subsidiaries of CIL, 511,152 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 1,345/ton.
However, demand during August was also good as 95.72% or 870,990 tons got allotted out of the 909,930 tons offered. The weighted average price of the allotted quantity during the month stood at Rs 1727/ton.

Following is the detail of e-auction of G11 grade coal in October 2013:


Name of the Company

Month

Ex Location

Grade / GCV Band

GCV Range

Size

Mode of Despatch

Quantity Offered(t)

Quantity Allotted(t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% increase over reserve price

% increase over notified price

ECL

Oct-13

PIRPAINTI / PPT

G11

 

ROM

Rail

46,728

11,682

1,500

1,250

1,500

0

20

SECL

Oct-13

Gevra OC(Stock)

G11

Sized ROM

ROM

Road

150,000

150,000

1,140

950

1,709

50

80

SECL

Oct-13

Gevra OC (Bunker)

G11

Sized ROM (-100 mm)

ROM (-100mm)

Road

200,000

200,000

1,140

950

1,692

48

78

SECL

Oct-13

Kusmunda OC (Stock)

G11

Sized ROM

ROM

Road

30,000

30,000

1,140

950

1,784

56

88

SECL

Oct-13

Dipika Exp (Stock)

G11

Sized ROM

ROM

Road

150,000

150,000

1,140

950

1,936

70

104

CCL

Oct-13

PIPARWAR W.REJECTS

G11

4001-4300

 

Road

40,000

40,000

1,140

950

1,502

32

58

CCL

Oct-13

GIDI W REJECTS

G11

4001-4300

 

Road

15,000

7,100

1,140

950

1,140

0

20

ECL

Oct-13

PIRPAINTI / PPT

G11

 

ROM

Rail

58,410

19,470

1,500

1,250

1,500

0

20

Total

 

 

 

 

 

 

690,138

608,252