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High demand for G-4 grade coal in July e-auction

28 Aug 2014

August 28: Out of the quantity of 9,510 tons of G-4 grade (GCV of 6,101-6,400 Kcal/kg) coal offered by CCL and NEC for allotment through the e-auction platform of MSTC in July 2014, 9,500 tons got allotted during the month at a weighted average price of Rs 3,860 per ton.

However, during June, out of 54,550 tons of G-4 grade coal offered by ECL, CCL and SCL for allotment through the e-auction platform of MSTC, 45,150 tons got allotted during the month at a weighted average price of Rs 4,381 per ton.

On the other hand, in May, the entire quantity of 26,270 tons of G-4 grade offered by ECL and CCL for allotment through the e-auction platform of MSTC got allotted at a weighted average price of Rs 4,671 per ton.

Following are the details of e-auction of G-4 grade coal in July 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 (%)

6101-6400

G4

N

CCL

28-Jul-14

ROAD

ARGADA

                 250

                   240

               3,670

               3,670

                   4,947

                     35

                   35

6101-6400

G4

N

CCL

28-Jul-14

ROAD

RELIGARA

                 630

                   630

               3,670

               3,670

                   6,940

                     89

                   89

6101-6400

G4

n

CCL

28-Jul-14

ROAD

BHURKUNDA (SANGAM)

                 380

                   380

               3,670

               3,670

                   6,112

                     67

                   67

6101-6400

G4

ROM

NEC

8-Jul-14

-

Tikak (stock on as is where is basis)

              8,250

                8,250

               3,490

               3,490

                   3,490

                     -  

                   -  

6101-6400 Total

 

 

 

 

 

 

             9,510

               9,500