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Moderate demand for G10 grade in December e-auction

30 Jan 2015

December 30: Moderate demand was witnessed in December 2014 for G10 grade (GCV 4,301 to 4,600 Kcal/kg) coal offered by CIL subsidiaries for allotment through the MSTC platform as out of an offered quantity of 400,000 tons of coal, 321,810 tons got allotted at a weighted average price of Rs 1,805 per ton.

In fact, fair demand was witnessed in November 2014 for this grade as out of an offered quantity of 55,000 tons, 50,000 tons got allotted at a weighted average price of Rs 1,974 per ton.

Similar demand was witnessed in October for this grade as out of an offered quantity of 204,410 tons, 199,870 tons got allotted at a weighted average price of Rs 2,741 per ton.

Following are the details of e-auctions of G10 grade coal in December 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Qty Alloted (In tons)

(ANP) Average Notified Price (in Rs)

(ARP) Average Reserve Price (In Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

4301-4600

G10

ROM

CCL

26-Dec-14

ROAD

BENTI COAL DUMP ASHOKA

200,000

200,000

1,160

1,392

1,576

36

13

4301-4600

G10

n

CCL

26-Dec-14

ROAD

RAJRAPPA REJECTS

40,000

10,710

1,160

1,392

1,392

20

-

4301-4600

G10

ROM

NCL

16-Dec-14

ROAD

JHINGURDA

35,000

35,000

1,392

1,392

2,846

104

104

4301-4600

G10

ROM

NCL

16-Dec-14

ROAD

KAKRI

25,000

25,000

1,392

1,392

2,758

98

98

4301-4600

G10

STM

MCL

9-Dec-14

ROAD

Kulda

50,000

50,000

1,340

1,608

1,610

20

0.10

4301-4600

G10

STM

MCL

9-Dec-14

ROAD

Basundhara

50,000

1,100

1,340

1,608

1,608

20

0.01

4301-4600 Total

 

 

 

 

 

 

400,000

321,810