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Moderate demand for G-8 grade coal at Oct e-auction

27 Nov 2013

November 27: There was moderate demand for G8 grade (GCV 4,901 to 5,200 Kcal/kg) coal offered on the MSTC platform by four subsidiaries of CIL in October 2013 as 112,080 tons were offered from which 73,530 tons got allotted at a weighted average price of Rs 2,320 per ton.

However, in September, there was also moderate demand for this grade of coal offered by WCL and CCL as 37,500 tons got offered from which 20,240 tons got allotted at a weighted average price of Rs 2,683 per ton.

Following are the details of G8 grade e-auction in October 2013:

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered(In tons)

Allotted qty (In tons)

(ANP)Average Notified Price (in Rs/ton)

(ARP) Average Reserve Price (In Rs/ton)

(AAP) Average Auctioned Price (in Rs/ton)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

4901-5200

CRUROM

WCL

25-Oct

ROAD

NEELJAY(S)

8000

8000

1968

2361

                       2,642

34.22

11.88

4901-5200

CRUROM

WCL

25-Oct

ROAD

MURPAR UG

4000

2850

1968

2361

                       2,362

20.01

0.03

4901-5200

n

CCL

28-Oct

ROAD

KARGALI W REJECTS

3500

1990

1690

2028

                       2,028

20

0

4901-5200

SLACK

WCL

25-Oct

ROAD

SARNI

4000

1660

1880

2256

                       2,256

20

0

4901-5200

STM

ECL

29-Oct

ROAD

RAJMAHAL OCP : Seam III, II & Comb, III & II Top, II Top & II Bottom

10580

7030

2170

2604

                       2,604

20.02

0.02

4901-5200

STM

MCL

30-Oct

ROAD

Orient - 2

7000

7000

1870

2244

                       2,244

20

0

4901-5200

STM

MCL

30-Oct

ROAD

Orient - 3

5000

5000

1870

2244

                       2,244

20

0

4901-5200

STM

MCL

30-Oct

ROAD

HBI

70000

40000

1870

2244

                       2,244

20

0

Total

 

 

 

 

 

112080

73530