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Coking coal sees fair demand in August e-auction

03 Sep 2014

September 3: Washery grade coking coal (W3 and W4) offered on the e-auction platform conducted by coaljunction for Coal India Ltd (CIL) subsidiaries during August 2014 met with fair demand as out of 95,250 tons offered, 78,860 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 4,231/ton.

In fact, washery grade coking coal offered on this e-auction platform during July 2014 also met with good demand as out of 1,679,390 tons offered, 1,550,827 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 4,223/ton.

These grades offered on the e-auction platform by coaljunction for CIL subsidiaries during June also met with good demand as out of 220,400 tons offered, 185,900 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 3,104/ton.

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

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Mode of Despatch

Ex Location

Quantity Offered (t)

Quantity Allotted (t)

Notified Price (Rs./t)

Reserve Price (Rs./t)

Average Price (Rs./t)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

W3

 

STM

BCCL

21-Aug-14

Road

Muraidih SSY

1,000

1,000

1,950.00

2,535.00

4,022.50

106

59

W3

 

STM

BCCL

21-Aug-14

Road

Shatabdi

500

500

1,950.00

2,535.00

3,773.00

93

49

W3

 

STM

BCCL

21-Aug-14

Road

Benedih SSY

500

500

1,950.00

2,535.00

4,336.00

122

71

W3

 

STM

BCCL

21-Aug-14

Road

Nudkhurkee SSY

1,000

1,000

1,950.00

2,535.00

4,269.50

119

68

W3

 

STM

BCCL

21-Aug-14

Road

Nichitpur SSY

2,000

2,000

1,950.00

2,535.00

4,631.50

138

83

W3

 

STM

BCCL

21-Aug-14

Road

Tetulmari

2,000

2,000

1,950.00

2,535.00

4,506.00

131

78

W3

 

STM

BCCL

21-Aug-14

Road

Kusunda OCP

25,000

25,000

1,950.00

2,535.00

4,320.52

122

70

W3

 

STM

BCCL

21-Aug-14

Road

Dhansar

10,000

10,000

1,950.00

2,535.00

4,686.75

140

85

W3

 

STM

BCCL

21-Aug-14

Road

Godhur

500

500

1,950.00

2,535.00

3,209.00

65

27

W3

 

STM

BCCL

21-Aug-14

Road

Bastacolla SSY

1,000

1,000

1,950.00

2,535.00

4,073.50

109

61

W3

 

STM

BCCL

21-Aug-14

Road

Dobari SSY

3,500

3,500

1,950.00

2,535.00

3,459.57

77

36

W3

 

STM

BCCL

21-Aug-14

Road

Bera

2,000

2,000

1,950.00

2,535.00

4,269.75

119

68

W3

 

STM

BCCL

21-Aug-14

Road

South Jharia

4,000

4,000

1,950.00

2,535.00

4,575.38

135

80

W3

 

STM

CCL

28-Aug-14

Road

JARANGDIH

230

230

1,740.00

2,262.00

3,166.35

82

40

W3

 

ROM

CCL

28-Aug-14

Road

DHORI

580

580

1,740.00

2,262.00

4,784.41

175

112

W3

 

STM

CCL

28-Aug-14

Road

SEL DHORI Q-I

2,300

2,300

1,740.00

2,262.00

5,067.65

191

124

W3

 

ROM

CCL

28-Aug-14

Road

SEL DHORI Q-III

4,030

4,020

1,740.00

2,262.00

4,909.31

182

117

W3

 

STM

CCL

28-Aug-14

Road

KHASHMAHAL

2,300

2,300

1,740.00

2,262.00

3,166.13

82

40

W3

 

STM

CCL

28-Aug-14

Road

PAREJ(E)/ULAHARA

1,840

1,840

1,740.00

2,262.00

5,243.30

201

132

W3

 

STM

CCL

28-Aug-14

Road

Govindpur Phase-II

580

580

1,740.00

2,262.00

4,578.90

163

102

W3

 

ROM

CCL

28-Aug-14

Road

PUNDI (SRCC)

1,150

1,120

1,560.00

2,028.00

3,304.79

112

63

W3

 

ROM

CCL

28-Aug-14

Road

TOPA (SRCC)

2,880

2,880

1,560.00

2,028.00

3,403.35

118

68

W4

 

Tailings

BCCL

21-Aug-14

Road

Dugda

22,900

6,550

2,365.00

3,075.00

3,075.00

30

-

W4

 

ROM

CCL

28-Aug-14

Road

Govindpur Phase-II

580

580

1,460.00

1,898.00

3,304.55

126

74

W4

 

ROM

CCL

28-Aug-14

Road

JHARKHAND OCP

2,880

2,880

1,460.00

1,898.00

4,687.65

221

147

W3 & W4 Total

           

95,250

78,860