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Very strong demand for G13 in March on other platform

26 Apr 2016

Very strong demand was witnessed in March 2016 for grade G13 (GCV 3,401 to 3,700 Kcal/kg) coal as out of the entire quantity of 1,100,000 tons offered on MSTC by CIL subsidiaries, 1,091,800 tons got allotted at a weighted average price of Rs 1,252 per ton, as per data available with ICMW.

However, there was no offer for G13 grade coal offered by CIL subsidiaries through the e-auction platform of MSTC in February 2016.

Like March, very strong demand was witnessed in January 2016 for grade G13 coal as the entire quantity of 485,000 tons offered by CIL subsidiaries got allotted at a weighted average price of Rs 1,193 per ton.

Following are details of the e-auctions of G13 grade on MSTC in March 2016:
 

GCV Range

Grade / GCV Band

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

n

MCL

8-Mar-16

RAIL

BOCM - I,II,III VI &VII SIDING (Lakhanpur Area)

         400,000

         400,000

                               820

                                984

                                1,250

                             52

                             27

3401-3700

G13

n

MCL

8-Mar-16

RAIL

LOCM-Group of Sidings (IB Valley Area)

         200,000

         200,000

                               820

                                984

                                1,648

                           101

                             67

3401-3700

G13

n

MCL

8-Mar-16

ROAD

Balram

         180,000

         180,000

                               820

                                984

                                1,131

                             38

                             15

3401-3700

G13

n

MCL

8-Mar-16

ROAD

Hingula

           50,000

           50,000

                               820

                                984

                                1,069

                             30

                               9

3401-3700

G13

n

MCL

8-Mar-16

ROAD

Lakhanpur

         150,000

         141,800

                               820

                                984

                                   984

                             20

                             -  

3401-3700

G13

n

MCL

8-Mar-16

ROAD

Belpahar

           20,000

           20,000

                               820

                                984

                                   998

                             22

                               1

3401-3700

G13

n

MCL

8-Mar-16

ROAD

Samleswari

         100,000

         100,000

                               820

                                984

                                1,208

                             47

                             23

3401-3700 Total

 

 

 

 

 

 

     1,100,000

    1,091,800