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High demand for G12 grade in December on coaljunction

07 Jan 2016

Strong demand was witnessed for a higher quantity of G12 grade coal (GCV of 3,701-4,000 Kcal/kg) grade offered by CCL and SECL for sale through coaljunction in December 2015 and the average weighted price also declined, according to data available with ICMW.

 

Out of the entire offered quantity of 330,000 tons of G12 grade on coaljunction in December 2015, a volume of 228,200 tons got allotted at a weighted average price of Rs 1,069 per ton.

 

Similarly, strong demand was witnessed for a higher quantity of G12 grade coal grade offered by CCL and SECL for sale through coaljunction in November 2015 and the average weighted price also declined.

 

Out of the entire offered quantity of 595,000 tons of G12 grade on coaljunction in November 2015, a volume of 410,750 tons got allotted at a weighted average price of Rs 1,196 per ton.

 

However, low demand was witnessed for a higher quantity of G12 grade offered by CCL and SECL for sale through coaljunction in October 2015 and the average weighted price also declined.

 

Out of the entire offered quantity of 2,010,000 tons of G12 grade on coaljunction in October 2015, only 353,500 tons got allotted at a weighted average price of Rs 1,147 per ton.

 

Following are the details of e-auction of G12 grade coal in December 2015 on coaljunction:

 

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 in Rs/Mt

 % Increase over Notified Price (%)

 % Increase Over Reserve Price (%)

3701-4000

G12

ROM

SECL

11-Dec-15

Jampali OC

ROAD

            35,000

               6,700

                     890

                  1,068

                     1,069

                                20

                              0.07

3701-4000

G12

ROM

SECL

24-Dec-15

Manikpur OC (Stock)

ROAD

          1,45,000

          1,45,000

                     890

                  1,068

                     1,070

                                20

                              0.20

3701-4000

G12

ROM

CCL

29-Dec-15

AMRAPALI COAL SALES CENTRE

ROAD

          1,50,000

             76,500

                     890

                  1,068

                     1,068

                                20

                                 -  

3701-4000 Total

 

 

 

 

 

 

        3,30,000

         2,28,200