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Mixed trend seen for G11 grade in April e-auction

05 May 2015

May 5: As in March, a mixed trend continued for G11 grade offered by CCL, a subsidiary of CIL, for sale through the e-auction platform of coaljunction in April even as the average weighted price realised softened a bit.

The entire offering of 100,000 tons of G11 grade during the month was allotted at a weighted average price of Rs 1,208 per ton.

A total of 372,000 tons of G11 grade was offered during the month of March and nearly 98% or 361,900 tons got allotted at a weighted average price of Rs 1,766 per ton.

In February, the entire offered quantity of 882,000 tons of this grade was allotted at a weighted average price of Rs 1,861 per ton.

Following are the details of e-auction of G11 grade coal in March 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./Ton)

Reserve Price (Rs./Ton)

Average Price in Rs/Ton

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

4001-4300

G11

ROM

CCL

23-Apr-15

ROAD

Tetariakhar

1,00,000

1,00,000

950

1,140

1,208

27

6

4001-4300 Total

           

1,00,000

1,00,000