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Strong demand for G-13 grade coal in Sept e-auction

31 Oct 2014

October 31: Strong demand was witnessed for G-13 grade coal offered during September on the e-auction platform of MSTC as the entire offered quantity of 40,000 tons got allotted at a weighted average price of Rs 3,235 per ton.

However, this grade was not offered in August and July.

Following are the details of e-auction of G12 grade in September 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 (%)

3401-3700

G13

ROM

MCL

19-Sep-14

ROAD

Lakhanpur

10,000

10,000

820

984

3,382

312

244

3401-3700

G13

ROM

MCL

19-Sep-14

ROAD

Samleswari

30,000

30,000

820

984

3,186

289

224

3401-3700 Total

 

 

 

 

 

 

40,000

40,000