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Moderate demand for G7 grade in January e-auction

05 Feb 2015

February 5: G7 grade coal (GCV range of 5,200-5,500 Kcal/kg) met with moderate demand on the coaljunction platform in January 2015 as out of the entire offered quantity of 117,800 tons of coal, 84,990 tons were allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,744/ton.

This grade met with a moderate demand in December 2014 as out of the entire offered quantity of 190,740 tons of coal, 118,070 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,870/ton.

However, G7 grade coal met with a very high demand on the coaljunction platform in November 2014 as the entire offered quantity of 32,100 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 3,637/ton.

Following are the details of the e-auction of G7 grade coal in January 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 in Rs/Mt

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

5201-5500

G7

SLK

WCL

6-Jan-15

Road

Tawa

3,000

3,000

2,290

2,748

3,258

42

19

5201-5500

G7

SLK

WCL

6-Jan-15

Road

Tawa II

4,800

4,770

2,290

2,748

3,902

70

42

5201-5500

G7

SLK

SECL

16-Jan-15

Road

Bangwar UG (Bunker)

7,000

7,000

1,910

2,292

2,499

31

9

5201-5500

G7

STM

SECL

16-Jan-15

Road

Bangwar UG (Bunker)

3,000

3,000

2,070

2,484

2,774

34

12

5201-5500

G7

ROM

SECL

16-Jan-15

Road

Sharda (High Wall) (Stock)

30,000

30,000

1,890

2,268

2,345

24

3

5201-5500

G7

STM

BCCL

19-Jan-15

Road

DAMAGORIA CHAPTORIA OCP

10,000

10,000

2,070

2,484

4,122

99

66

5201-5500

G7

 

CCL

28-Jan-15

Road

RAJRAPPA-SLURRY

20,000

17,220

1,890

2,268

2,268

20

-

5201-5500

G7

 

CCL

28-Jan-15

Road

RAJRAPPA-SLURRY( HEAP 12A/12B)

30,000

No bid

1,890

2,268

NA

-

-

5201-5500

G7

 

CCL

28-Jan-15

Road

KATHARA W. SLURRY

10,000

10,000

1,890

2,268

2,835

50

25

5201-5500 Total

           

117,800

84,990