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Moderate demand for G7 grade coal in August e-auction

03 Sep 2014

September 3: G7 grade coal (GCV range of 5,200-5,500 Kcal/kg) met with moderate demand on the coaljunction platform 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.

However, G7 grade coal met with excellent demand on the coaljunction platform in July 2014 as the entire offered quantity of 12,770 got allotted. The weighted average price of the allotted quantity during the month stood at Rs 3,778/ton.

In June, this grade of coal met with good demand on the coaljunction platform as out of the 33,300 tons offered, 27,060 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,997/ton.

Following are the details of the e-auction of G7 and mixed grade coal in August 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

SLK

SECL

27-Aug-14

Road

Birsingpur

2,000

2,000

1,910.00

2,292.00

3,427.75

79

50

5201-5500

G7

ROM

SECL

27-Aug-14

Road

Sharda (High Wall) (Stock)

15,500

15,500

1,890.00

2,268.00

4,301.77

128

90

5201-5500

G7

STM

WCL

28-Aug-14

Road

MANA

1,400

1,400

2,450.00

2,940.00

4,645.71

90

58

5201-5500

G7

STM

WCL

28-Aug-14

Road

NANDGAON

1,360

1,360

2,450.00

2,970.00

4,656.10

90

57

5201-5500

G7

SLK

WCL

28-Aug-14

Road

Tawa II

2,350

2,350

2,290.00

2,748.00

3,783.53

65

38

5201-5500

G7

 

CCL

28-Aug-14

Road

RAJRAPPA-SLURRY

40,000

30,770

1,890.00

2,268.00

2,268.00

20

-

5201-5500

G7

 

CCL

28-Aug-14

Road

GIRIDIH

1,150

1,150

2,070.00

2,484.00

2,660.96

29

7

5201-5500 Total

         
 

63,760

54,530