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High demand for G-11 grade in Oct e-auction

28 Nov 2014

November 28: Very strong demand was witnessed in October for G-11 grade (GCV 4,001 to 4,300 Kcal/kg) coal offered by CCL as the entire offered quantity of 65,000 tons got allotted at a weighted average price of Rs 2,321 per ton.

However, in September, G-11 grade was not offered for allotment through the MSTC platform.

Similar to October, a very high demand was also witnessed in August for this grade offered by CCL as the entire offered quantity of 53,000 tons got allotted at a weighted average price of Rs 2,402 per ton.

Following are the details of e-auction of G-11 grade in October 2014:

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 (%)

4001-4300

G11

REJECTS

CCL

31-Oct-14

ROAD

PIPARWAR W REJECTS

40,000

40,000

950

1,140

2,520

165

121

4001-4300

G11

REJECTS

CCL

31-Oct-14

ROAD

GIDI W REJECTS

15,000

15,000

950

1,140

1,870

97

64

4001-4300

G11

REJECTS

CCL

31-Oct-14

ROAD

KEDLA W REJECTS (P/L)

10,000

10,000

950

1,140

2,206

132

93

4001-4300 Total

 

 

 

 

 

 

65,000

65,000