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Strong demand for G-10 grade coal in July e-auction

29 Aug 2014

August 29: Strong demand was witnessed in July 2014 for G-10 grade (GCV 4,301 to 4,600 Kcal/kg) coal offered by CCL for allotment through the MSTC platform as 22,460 tons got allotted out of an offered quantity of 22,500 tons at a weighted average price of Rs 2,239 per ton.

In June, however, more or less fair demand was witnessed for this grade offered by SECL, CCL and NCL for allotment as 210,000 tons got allotted out of an offered quantity of 270,000 tons at a weighted average price of Rs 2,295 per ton.

In May, a similar demand was witnessed as that of June for this grade offered by SECL and CCL for allotment through the same platform as 243,360 tons got allotted out of an offered quantity of 270,000 tons at a weighted average price of Rs 2,253 per ton.

Following are the details of e-auctions of G10 grade of coal in July 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

28-Jul-14

ROAD

BENTI COAL DUMP ASHOKA

12,500

12,460

1,160

1,392

2,916

151

110

4301-4600

G10

n

CCL

28-Jul-14

ROAD

PIPARWAR SLURRY (MECHANICAL LOADING)

10,000

10,000

1,160

1,392

1,395

20

0

4301-4600 Total

 

 

 

 

 

 

22,500

22,460