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Average demand for G3 grade in Nov on other platform

23 Dec 2015

India Coal Market Watch


December 23: : Fair demand was witnessed for G3 grade (GCV ranging from 6,401-6,700 Kcal/Kg) coal offered for allotment via MSTC’s e-auction platform in November 2015 as out of the entire offered quantity of 71,250 tons, 58,400 tons got allotted at a weighted average price of Rs 4,468 per ton, as per data available with ICMW.

 

Similar kind of fair demand was witnessed for G3 grade coal offered for allotment via MSTC in October 2015 as out of the entire offered quantity of 47,870 tons, 34,700 tons got allotted at a weighted average price of Rs 4,854 per ton.

 

However, very poor demand was witnessed for G3 grade coal offered for allotment via MSTC in September 2015 as out of the entire offered quantity of 426,940 tons, only 5,570 tons got allotted but at a weighted average price of Rs 4,156 per ton.

 

Following are details of G3 grade coal e-auctions on MSTC in November 2015:

 

GCV Range

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 (%)

6401-6700

G3

STM

ECL

30-Nov-15

ROAD

CENTRAL KAJORA : Lower Kajora R-VIII T

                2,000

                2,000

                               4,070

                               4,070

                               5,135

                           26

                           26

6401-6700

G3

STM

ECL

28-Nov-15

ROAD

NINGHA: Dishergarh(R-IV)

                   700

                  700

                               4,070

                               4,070

                               5,770

                           42

                           42

6401-6700

G3

STM

ECL

28-Nov-15

ROAD

CHITRA OCP::COLONY

              22,000

              17,670

                               4,070

                               4,070

                               4,070

                           -  

                           -  

6401-6700

G3

STM

ECL

28-Nov-15

ROAD

CHITRA-A OC: :Saharjori / Patrika

              22,000

              22,000

                               4,070

                               4,070

                               4,265

                            5

                            5

6401-6700

G3

STM

ECL

28-Nov-15

ROAD

Khaskajora::Lower Kajora(R-VIIIT)

                4,000

                4,000

                               4,070

                               4,070

                               5,317

                           31

                           31

6401-6700

G3

STM

ECL

28-Nov-15

ROAD

Bansra:: Kenda

                4,500

                4,500

                               4,070

                               4,070

                               4,440

                            9

                            9

6401-6700

G3

STM

ECL

28-Nov-15

ROAD

JAMBAD : Kenda (R-VI)

                3,500

                3,500

                               4,070

                               4,070

                               6,646

                           63

                           63

6401-6700

G3

STM

SECL

23-Nov-15

ROAD

Amadand UG

                   500

                  500

                               4,070

                               4,070

                               4,072

                            0

                            0

6401-6700

G3

n

CCL

21-Nov-15

ROAD

RELIGARA

              11,550

                3,310

                               4,070

                               4,070

                               4,070

                           -  

                           -  

6401-6700

G3

n

CCL

21-Nov-15

ROAD

SAUNDA

                   500

                  220

                               4,070

                               4,070

                               4,070

                           -  

                           -  

6401-6700 Total

 

 

 

 

 

 

             71,250

             58,400