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Poor demand for G-8 grade coal at August e-auction

27 Sep 2013

September 27: There was poor demand for G8 grade (GCV 4,901 to 5,200 Kcal/kg) coal offered on the MSTC platform by Western Coalfields Limited (WCL), Central Coalfields Limited (CCL), South Eastern Coalfields (SECL) and Mahanadi Coalfields (MCL) in August 2013 as 258,750 tons got offered from which 76,210 tons got allotted.

In July, however, 13,600 got allotted from the 28,650 tons offered, according to information available with ICMW.

The following is the detail of G8 grade e-auction in August 2013:

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered

Sold qty

(ARP)Average Reserve Price (In Rs)

(ANP)Average Notified Price (in Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase Over Notified Price (%)

% Increase Over Reserve Price (%)

4901-5200

CRUROM

WCL

27-Aug-13

ROAD

NEELJAY(S)

         25,000

         19,530

      2,361

      1,968

          2,361

               20

           -  

4901-5200

n

CCL

29-Aug-13

ROAD

KARGALI W REJECTS

          5,000

          1,060

      2,028

      1,690

          2,028

               20

           -  

4901-5200

n

CCL

29-Aug-13

ROAD

GIDI-W SLURRY

          7,000

             500

      2,028

      1,690

          2,028

               20

           -  

4901-5200

ROM

SECL

14-Aug-13

ROAD

Baroud OC

       150,000

         31,400

      2,028

      1,690

          2,028

               20

            0

4901-5200

ROM

SECL

14-Aug-13

ROAD

Dharam UG

         10,000

          1,000

      2,028

      2,028

          2,028

               -  

           -  

4901-5200

STM

ECL

30-Aug-13

ROAD

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

          6,750

          2,720

      2,604

      2,170

          2,604

               20

           -  

4901-5200

STM

MCL

28-Aug-13

ROAD

Orient-2 (Stock)

         15,000

         15,000

      2,244

      1,870

          2,244

               20

           -  

4901-5200

STM

MCL

28-Aug-13

ROAD

HBI (Stock)

         35,000

               -  

 NA

 NA

 NA

 NA

 NA

4901-5200

STM

WCL

27-Aug-13

ROAD

MOHAN 9/10 Mouri.Inc.

          5,000

          5,000

      2,448

      2,040

          3,193

               57

          30

Total

 

 

 

 

 

      258,750

        76,210