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Very high demand for G13 in Feb on coaljunction

04 Mar 2016

Very strong demand was witnessed for G13 grade (GCV of 3,401 to 3,700 Kcal/kg) as out of 515,000 tons offered by MCL for sale through the e-auction platform of coaljunction in February 2016, 472,390 tons got allotted an average weighted price of Rs 1,101, according to data available with ICMW

 

However, in December, 2015 and January 2016, there were no offerings of G13 grades on coaljunction by Coal India (CIL) subsidiaries.

 

Following are details of e-auction of G13 grade coal in February 2016 on coaljunction:

 

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Ex Location

Mode of Despatch

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 (%)

3401-3700

G13

- 100mm

MCL

03-Feb-16

Lakhanpur

ROAD

        1,70,000

        1,27,390

                 820

                 984

                    984

                             20

                           0.03

3401-3700

G13

- 100mm

MCL

03-Feb-16

Belpahar

ROAD

          20,000

          20,000

                 820

                 984

                    998

                             22

                               1

3401-3700

G13

- 100mm

MCL

03-Feb-16

SAMLESWARI

ROAD

          50,000

          50,000

                 820

                 984

                 1,073

                             31

                               9

3401-3700

G13

- 100mm

MCL

03-Feb-16

Balram

ROAD

        1,75,000

        1,75,000

                 820

                 984

                 1,159

                             41

                             18

3401-3700

G13

- 100mm

MCL

03-Feb-16

Hingula

ROAD

        1,00,000

        1,00,000

                 820

                 984

                 1,183

                             44

                             20

3401-3700 Total

 

 

 

 

 

 

      5,15,000

      4,72,390