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High demand for G7 grade in October e-auction

05 Nov 2014

November 5: G7 grade coal (GCV range of 5,200-5,500 Kcal/kg) met with high demand on the coaljunction platform in October 2014 as out of the entire offered quantity of 87,570 tons, 87,200 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 3,319/ton.

G7 grade offered in September also met with high demand as the entire offered quantity of 4,915 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 3,808/ton.

However, G7 grade met with moderate demand on coaljunction in August 2014 as 54,530 tons got allotted out of an offered quantity of 63,760 tons. The weighted average price of the allotted quantity during the month stood at Rs 3,083/ton.

Following are the details of the e-auction of G7 and mixed grade coal in October 2014:

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 (%)

5201-5500

G7

ROM

SECL

27-Oct-14

ROAD

Sharda (High Wall) (Stock)

19,000

19,000

1,890

2,268

4,101

117

81

5201-5500

G7

 

CCL

28-Oct-14

ROAD

RAJRAPPA-SLURRY

40,000

40,000

1,890

2,268

2,666

41

18

5201-5500

G7

 

CCL

28-Oct-14

ROAD

KATHARA W. SLURRY

5,000

4,640

1,890

2,268

2,269

20

0

5201-5500

G7

 

CCL

28-Oct-14

ROAD

GIRIDIH

2,100

2,100

2,070

2,484

2,674

29

8

5201-5500

G7

 

CCL

28-Oct-14

ROAD

GIDI-C

3,080

3,070

2,070

2,484

4,021

94

62

5201-5500

G7

STM

WCL

30-Oct-14

ROAD

MANA

900

900

2,450

2,940

5,147

110

75

5201-5500

G7

STM

WCL

30-Oct-14

ROAD

NANDGAON

840

840

2,450

2,970

4,863

98

64

5201-5500

G7

SLK

WCL

31-Oct-14

ROAD

Tawa

7,500

7,500

2,290

2,748

3,496

53

27

5201-5500

G7

SLK

WCL

31-Oct-14

ROAD

Tawa II

9,150

9,150

2,290

2,748

4,530

98

65

5201-5500 Total

           

87,570

87,200