India: NINL reduces Coke Price by INR 400/MT

MMTC on behalf of NINL is offering LAM Coke at INR 13,600/MT with quantity discount of upto INR 200/MT.

MMTC, India’s largest trading company, on behalf of NINL is offering about 20,000 MT of LAM Coke for sale. As an offer, the company is selling about 2,199 MT Coke at a basic price of around INR 13,600/MT ex-Cuttack (Odisha). The offer price has reduced by around INR 400/MT as compared to previous offer.

Company’s LAM Coke contains 12.5% of Ash (max) and sizes available between 20-80 mm. NINL’s offer is valid till 10 Nov, 2014 and is for road or rail movement with discount as per the booking quantity mentioned.

NINL Coke Prices

Quantity (MT)

Prices (INR/MT)

Payment Terms

Less than 1 rake by rail and/or road (2,200 MT to 4,399 MT) One rake = 2,200 MT

13,600

100% advance payment.

1 rakes to less than 3 rakes (4,400 MT to 6,599 MT) One rake = approx 2,200 MT

13,400

100% advance for first rake and 10% advance as security for balance quantity. Balance payment within the validity of price circular.

3 rakes to less than 5 rakes (6,600 MT to 10,999 MT) One rake = approx 2,200 MT

13,200

5 rakes to less than 7 rakes (11,000 MT to 15,399 MT) One rake = approx 2,200 MT

13,000 

7 rakes and more (15,400 MT or above) One rake = approx 2,200 MT

12,800

 

 


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