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Coking coal meets with good demand at e-auction in December

03 Jan 2014

January 3: Washery grade coking coal (W3 and W4) offered on the e-auction conducted by coaljunction for Coal India Ltd (CIL) subsidiaries during December 2013 met with good demand as out of 250,150 tons offered, 197,260 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 3,454/ton.

However, in November also, the offering met with good demand as out of 279,800 tons offered, 242,410 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,854/ton.

In October, the offering met with moderate demand as out of 212,300 tons offered, 181,080 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 3,406/ton.

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

Name of the company

e-Auction Date

Ex Location

Mode of Despatch

 Quantity Offered (t)

 Quantity Allottcd (t)

 Reserve Price (Rs./t)

 Notified Price (Rs./t)

 Average Price in Rs/Mt

 % Increase Over Reserve Price (%)

 % Increase over Notified Price (%)

BCCL

19-Dec-13

Muraidih SSY

Road

           500

           500

            2,535

            2,113

               3,306

                            30

                            56

BCCL

19-Dec-13

Nudkhurkee SSY

Road

        1,000

         1,000

            2,535

            2,113

               3,631

                            43

                            72

BCCL

19-Dec-13

Benedih SSY

Road

        5,000

         5,000

            2,535

            2,113

               3,159

                            25

                            50

BCCL

19-Dec-13

Nichitpur SSY

Road

        4,000

         4,000

            2,535

            2,113

               3,487

                            38

                            65

BCCL

19-Dec-13

Tetulmari

Road

        6,000

         6,000

            2,535

            2,113

               3,905

                            54

                            85

BCCL

19-Dec-13

Kusunda OCP

Road

       31,550

       31,550

            2,535

            2,113

               3,704

                            46

                            75

BCCL

19-Dec-13

Dhansar

Road

       12,000

       12,000

            2,535

            2,113

               4,074

                            61

                            93

BCCL

19-Dec-13

Godhur

Road

        1,000

         1,000

            2,535

            2,113

               2,789

                            10

                            32

BCCL

19-Dec-13

Bastacolla SSY

Road

        2,000

         2,000

            2,535

            2,113

               3,569

                            41

                            69

BCCL

19-Dec-13

Dobari SSY

Road

        6,000

         6,000

            2,535

            2,113

               3,133

                            24

                            48

BCCL

19-Dec-13

Ghanoodih OCP

Road

        5,000

         5,000

            2,535

            2,113

               3,083

                            22

                            46

BCCL

19-Dec-13

Bera

Road

        3,000

         3,000

            2,535

            2,113

               3,735

                            47

                            77

BCCL

19-Dec-13

South Jharia

Road

       10,750

       10,750

            2,535

            2,113

               3,935

                            55

                            86

CCL

27-Dec-13

PUNDI (SRCC)

Road

       20,000

         3,080

            2,028

            1,560

               2,028

                             -  

                            30

CCL

27-Dec-13

ARA (SRCC)

Road

       20,000

 No Bid

            2,028

            1,560

 NA

                             -  

                             -  

CCL

27-Dec-13

TOPA (SRCC)

Road

       30,000

       14,030

            2,028

            1,560

               2,028

                             -  

                            30

CCL

27-Dec-13

SEL DHORI Q-III

Road

       13,050

       13,050

            2,262

            1,740

               3,970

                            76

                          128

CCL

27-Dec-13

Tarmi OS

Road

        4,000

         4,000

            2,262

            1,740

               3,917

                            73

                          125

CCL

27-Dec-13

PAREJ(E)/ULAHARA

Road

       16,050

       16,050

            2,262

            1,740

               4,174

                            85

                          140

CCL

27-Dec-13

SEL DHORI Q-I

Road

       21,250

       21,250

            2,262

            1,740

               3,931

                            74

                          126

CCL

27-Dec-13

KEDLA OCP

Road

        8,000

         8,000

            2,262

            1,740

               4,390

                            94

                          152

CCL

27-Dec-13

Govindpur Phase-II

Road

       30,000

       30,000

            1,898

            1,460

               2,393

                            26

                            64

 Total

 

 

 

     250,150

      197,260