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Coal news and updates

Coking coal meets with good demand at August e-auction

04 Sep 2013

September 4: Washery grade coking coal (W2 and W3) offered at e-auction conducted by coaljunction for Coal India Ltd (CIL) subsidiaries in August met with good demand as 85.13% of the total offered quantity of 326,200 tons were allotted at a premium of 0-106%. The total allotted quantity stood at 277,700 tons. The weighted average price of the allotted quantity during the month stood at Rs 3,361 per ton.

However, in July 76.54% of the total offered quantity of 366,700 tons were allotted. The total allotted quantity stood at 197,280 tons and the weighted average price of the allotted quantity during the month stood at Rs 3,333 per ton.

Following are the details of e-auction of coking coal in August:

Name of the company

Month

Ex Location

Grade / GCV Band

GCV Range

Size

Mode of Despatch

Quantity Offered (t)

Quantity Allotted (t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% increase over reserve price

% increase over notified price

BCCL

Aug-13

Muraidih SSY

W 3

 

STM

Road

3,000

3,000

2,535.00

2,112.50

3,955.33

56

87

BCCL

Aug-13

Jamunia OCP SSY

W 3

 

STM

Road

33,450

33,450

2,535.00

2,112.50

3,623.82

43

72

BCCL

Aug-13

Nudkhurkee SSY

W 3

 

STM

Road

2,800

2,800

2,535.00

2,112.50

3,542.14

40

68

BCCL

Aug-13

Benedih SSY

W 3

 

STM

Road

3,000

3,000

2,535.00

2,112.50

3,139.50

24

49

BCCL

Aug-13

Bastacolla SSY

W 3

 

STM

Road

2,000

2,000

2,535.00

2,112.50

3,628.75

43

72

BCCL

Aug-13

Dobari SSY

W 3

 

STM

Road

6,000

6,000

2,535.00

2,112.50

3,249.08

28

54

BCCL

Aug-13

Kuya OCP

W 3

 

STM

Road

2,000

2,000

2,535.00

2,112.50

3,457.50

36

64

BCCL

Aug-13

KUYA OCP OUTSOURCED

W 3

 

STM

Road

15,000

15,000

2,535.00

2,112.50

3,389.77

34

60

BCCL

Aug-13

South Jharia

W 3

 

STM

Road

7,800

7,800

2,535.00

2,112.50

4,286.41

69

103

BCCL

Aug-13

NTST OCP

W 3

 

STM

Road

10,000

10,000

2,535.00

2,112.50

3,340.95

32

58

BCCL

Aug-13

Dugda

W 4

 

TAILINGS

Road

3,500

3,500

3,075.00

2,562.50

3,425.71

11

34

BCCL

Aug-13

Moonidih

W 3

 

SLURRY

Road

5,000

2,500

3,362.00

2,801.67

3,362.00

0

20

BCCL

Aug-13

Moonidih

W 3

 

SLURRY

Road

20,000

5,700

3,362.00

2,801.67

3,362.00

0

20

BCCL

Aug-13

Patherdih

W 4

 

SLURRY

Road

10,500

150

3,075.00

2,562.50

3,075.00

0

20

BCCL

Aug-13

SUDAMDIH

W 4

 

SLURRY

Road

10,000

3,750

3,075.00

2,562.50

3,075.00

0

20

BCCL

Aug-13

BARAREE 6 PIT

W 3

 

STM

Road

1,000

1,000

2,535.00

2,112.50

2,793.50

10

32

BCCL

 Aug-13

Jeenagora OCP

W 3

 

STM

Road

8,000

8,000

2,535.00

2,112.50

3,419.06

35

62

BCCL

 Aug-13

Lohapatti 16-17 INC

W 3

 

ROM

Road

200

150

2,301.00

1,917.50

2,307.67

0

20

BCCL

 Aug-13

Nichitpur SSY

W 3

 

STM

Road

3,000

3,000

2,535.00

2,112.50

3,889.17

53

84

BCCL

Aug-13

Kusunda OCP

W 3

 

ROM

Road

31,300

31,300

2,301.00

1,917.50

3,484.00

51

82

BCCL

Aug-13

Dhansar

W 3

 

STM

Road

5,000

5,000

2,535.00

2,112.50

4,350.30

72

106

BCCL

Aug-13

Ghanoodih OCP

W 3

 

STM

Road

20,000

20,000

2,535.00

2,112.50

3,247.65

28

54

BCCL

Aug-13

Bera

W 3

 

STM

Road

2,000

2,000

2,535.00

2,112.50

3,914.25

54

85

BCCL

Aug-13

Tetulmari

W 3

 

STM

Road

6,000

6,000

2,535.00

2,112.50

3,980.00

57

88

BCCL

Aug-13

Godhur

W 3

 

STM

Road

8,000

8,000

2,535.00

2,112.50

2,860.94

13

35

CCL

Aug-13

PAREJ(E)/ULAHARA

W 3

 

STM

Road

3,200

3,200

2,262.00

1,885.00

4,653.12

106

147

CCL

Aug-13

PUNDI

W 3

 

ROM

Road

6,900

6,900

2,262.00

1,885.00

3,216.36

42

71

CCL

Aug-13

Tarmi OS

W 3

 

STM

Road

1,150

1,150

2,262.00

1,885.00

4,410.17

95

134

CCL

Aug-13

KARO OCP

W 4

 

STM

Road

1,350

1,340

2,132.00

1,776.67

2,806.63

32

58

CCL

Aug-13

TOPA

W 3

 

STM

Road

600

560

2,262.00

1,885.00

4,091.64

81

117

CCL

Aug-13

AMLO

W 3

 

STM

Road

7,650

7,650

2,262.00

1,885.00

4,440.20

96

136

CCL

Aug-13

SEL DHORI Q-I

W 3

 

STM

Road

6,950

6,950

2,262.00

1,885.00

4,361.05

93

131

CCL

 Aug-13

SEL DHORI Q-III

W 3

 

ROM

Road

7,850

7,850

2,262.00

1,885.00

4,408.19

95

134

CCL

 Aug-13

PUNDI (SRCC)

W 3

 

ROM

Road

30,000

30,000

2,028.00

1,690.00

2,271.37

12

34

CCL

 Aug-13

ARA (SRCC)

W 3

 

ROM

Road

15,000

No Bid

2,028.00

1,690.00

NA

#VALUE!

#VALUE!

CCL

Aug-13

TOPA (SRCC)

W 3

 

ROM

Road

25,000

25,000

2,028.00

1,690.00

2,494.52

23

48

CCL

Aug-13

TAPIN (N) (SRCC)

W 2

 

STM

Road

2,000

2,000

2,977.00

2,480.83

3,994.80

34

61

Total

 

 

 

 

 

 

326,200

277,700