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High demand for mixed grade in Oct e-auction

05 Nov 2014

November 5: Mixed grade coal offered for allotment via the e-auction platform of coaljunction witnessed strong demand during October 2014 as the entire offered quantity of 56,960 tons offered during the month got allotted at a weighted average price of Rs 3,978/ton.

During the previous month, mixed grade was not offered on this platform.

In August, demand was good too as out of the offered quantity of 45,970 tons, 41,140 tons got allotted at a weighted average price of Rs 3,692/ton.

Following are the details of mixed grade coal e-auction on coaljunction in October:

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 (%)

4301-4900

MIX

MIX

WCL

30-Oct-14

ROAD

GOURI DEEP OC(Cost Plus)

2,380

2,380

2,965

2,965

4,129

39

39

4601-5500

MIX

MIX

WCL

31-Oct-14

ROAD

SHIVPURI OC Patches

4,000

4,000

2,106

2,528

4,428

110

75

4901-5500

MIX

MIX

WCL

30-Oct-14

ROAD

SILEWARA AB INC.

8,000

8,000

2,290

2,748

3,492

53

27

4901-5500

MIX

MIX

WCL

31-Oct-14

ROAD

UMRER OC

480

480

2,290

2,773

5,366

134

93

4901-5500

MIX

MIX

WCL

31-Oct-14

ROAD

BHANDEWADA

4,350

4,350

2,290

2,748

3,787

65

38

4901-5500

MIX

MIX

WCL

31-Oct-14

ROAD

Shobhapur

2,100

2,100

2,290

2,748

4,576

100

67

4901-5800

MIX

MIX

WCL

31-Oct-14

ROAD

Kumbharkhani

10,750

10,750

2,482

2,646

3,746

51

42

5501-5800

MIX

MIX

WCL

30-Oct-14

ROAD

Sasti UG

11,000

11,000

2,706

2,721

4,109

52

51

5501-5800

MIX

MIX

WCL

31-Oct-14

ROAD

Nehariya UG

4,400

4,400

2,706

2,706

4,372

62

62

5501-5800

MIX

MIX

WCL

31-Oct-14

ROAD

THESGORA UG

4,500

4,500

2,706

2,706

4,444

64

64

5501-5800

MIX

MIX

WCL

31-Oct-14

ROAD

Vishnupuri-II

1,000

1,000

2,706

2,706

4,457

65

65

5801-6400

MIX

MIX

WCL

30-Oct-14

ROAD

Ballarpur UG

4,000

4,000

2,916

2,931

3,321

14

13

5801-6400 Total

           

56,960

56,960