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Coal news and updates

Coking coal sees good demand at Dec e-auction

06 Jan 2015

January 6: Washery grade coking coal (W2, W3 and W4) offered on the e-auction platform conducted by coaljunction for Coal India Ltd (CIL) subsidiaries in December 2014 met with very good demand as out of the offered quantity of 386,950 tons, 380,670 tons got allotted during the month. The weighted average price of the allotted quantity during the month stood at Rs 3,510/ton.

Meanwhile, the washery grade coking coal offered during November met with moderate demand as out of the offered quantity of 199,250 tons, 166,510 tons got allotted during the month. The weighted average price of the allotted quantity during the month stood at Rs 3,914/ton.

However, the same category offered in October 2014 met with very strong demand as the entire offered quantity of 120,910 tons got allotted during the month.

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

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 in Rs/Mt

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

W2

 

STM

CCL

24-Dec-14

Road

TAPIN NORTH (SRCC)

20,000

19,370

2,290

2,977

2,981

30

0.12

W3

 

STM

CCL

24-Dec-14

Road

JARANGDIH

22,000

18,910

1,740

2,262

2,266

30

0.19

W3

 

STM

CCL

24-Dec-14

Road

SEL DHORI Q-I

10,700

10,680

1,740

2,262

3,930

126

74

W3

W3

SLURRY

BCCL

18-Dec-14

Road

Patherdih

10,000

7,500

2,586

3,362

3,362

30

-

W3

W3

ROM

CCL

24-Dec-14

Road

SEL DHORI Q-III

10,000

10,000

1,740

2,262

3,880

123

72

W3

VII/VIII (COMB)

STM

BCCL

18-Dec-14

Road

South Jharia

4,000

4,000

1,950

2,535

4,218

116

66

W3

VII B

STM

BCCL

18-Dec-14

Road

BARAREE 6 PIT

4,500

4,500

1,950

2,535

2,614

34

3

W3

V/VI/VII/VIII

STM

BCCL

17-Dec-14

Road

Dhansar

16,750

16,750

1,950

2,535

4,645

138

83

W3

V/VI/VII/VIII

STM

BCCL

18-Dec-14

Road

Kusunda OCP

47,650

47,650

1,950

2,535

4,120

111

63

W3

V/VI/VII/VIII

STM

BCCL

18-Dec-14

Road

Ghanoodih OCP

5,000

5,000

1,950

2,535

3,790

94

50

W3

V/VI/VII(COMB)

STM

BCCL

17-Dec-14

Road

Muraidih SSY

1,000

1,000

1,950

2,535

4,011

106

58

W3

V/VI/VII(COMB)

STM

BCCL

17-Dec-14

Road

Nudkhurkee SSY

1,000

1,000

1,950

2,535

3,772

93

49

W3

V/VI/VII(COMB)

STM

BCCL

17-Dec-14

Road

Akashkinaree

1,000

1,000

1,950

2,535

4,659

139

84

W3

V/VI/VII(COMB)

STM

BCCL

17-Dec-14

Road

Block IV

1,000

1,000

1,950

2,535

3,301

69

30

W3

V/VI/VII(COMB)

STM

BCCL

18-Dec-14

Road

Jeenagora OCP

4,000

4,000

1,950

2,535

3,941

102

55

W3

V/VI/VII

STM

BCCL

17-Dec-14

Road

S.Bansjora

4,000

4,000

1,950

2,535

4,155

113

64

W3

V/VI

STM

BCCL

17-Dec-14

Road

West Mudidih SSY

30,000

30,000

1,950

2,535

4,686

140

85

W3

V/VI

STM

BCCL

17-Dec-14

Road

Tetulmari

6,000

6,000

1,950

2,535

4,699

141

85

W3

V,VI,VII(COMB)

STM

BCCL

17-Dec-14

Road

SATABDI

500

500

1,950

2,535

3,465

78

37

W3

V,VI,VII(COMB)

STM

BCCL

17-Dec-14

Road

Benedih SSY

500

500

1,950

2,535

3,754

93

48

W3

PATHERGORIA XII B

STM

BCCL

18-Dec-14

Road

LOHAPATTI 16/17 INC.

150

150

1,950

2,535

4,325

122

71

W3

 

STM

CCL

24-Dec-14

Road

PAREJ(E)/ULAHARA

7,000

7,000

1,740

2,262

4,302

147

90

W3

 

STM

CCL

24-Dec-14

Road

KHASHMAHAL

20,000

19,960

1,740

2,262

2,266

30

0.18

W3

 

STM

CCL

24-Dec-14

Road

PUNDI

3,000

3,000

1,740

2,262

3,457

99

53

W3

 

STM

CCL

24-Dec-14

Road

TOPA

1,500

1,500

1,740

2,262

3,589

106

59

W3

 

ROM

CCL

24-Dec-14

Road

DHORI

3,000

3,000

1,740

2,262

3,915

125

73

W3

 

STM

CCL

24-Dec-14

Road

AMLO

5,000

5,000

1,740

2,262

3,880

123

72

W3

 

STM

CCL

24-Dec-14

Road

Govindpur Phase-II

4,500

4,500

1,740

2,262

2,863

65

27

W3

 

STM

CCL

24-Dec-14

Road

Tarmi OS

600

600

1,740

2,262

3,629

109

60

W3

 

ROM

CCL

24-Dec-14

Road

PUNDI (SRCC)

25,000

25,000

1,560

2,028

2,459

58

21

W3

 

ROM

CCL

24-Dec-14

Road

TOPA (SRCC)

35,000

35,000

1,560

2,028

2,560

64

26

W3

IV/V/VI/VII (COMB)

STM

BCCL

17-Dec-14

Road

Jamunia OCP SSY

1,000

1,000

1,950

2,535

4,810

147

90

W3

III(B)

STM

BCCL

18-Dec-14

Road

Dobari SSY

2,000

2,000

1,950

2,535

3,487

79

38

W3

III B

STM

BCCL

18-Dec-14

Road

Bera

1,000

1,000

1,950

2,535

4,475

129

77

W3

III (T / B) O/S

STM

BCCL

18-Dec-14

Road

KUYA OCP OUTSOURCED

20,000

20,000

1,950

2,535

3,883

99

53

W3

III (T / B)

STM

BCCL

18-Dec-14

Road

Kuya OCP

6,000

6,000

1,950

2,535

3,510

80

38

W3

III

STM

BCCL

18-Dec-14

Road

NTST OCP

25,000

25,000

1,950

2,535

3,523

81

39

W3

II/IV

STM

BCCL

17-Dec-14

Road

Govindpur

1,000

1,000

1,950

2,535

4,114

111

62

W3

II/III

STM

BCCL

17-Dec-14

Road

Nichitpur SSY

3,000

3,000

1,950

2,535

4,387

125

73

W3

II(B)/III(B)

STM

BCCL

18-Dec-14

Road

Bastacolla SSY

1,600

1,600

1,950

2,535

4,039

107

59

W3

II

STM

BCCL

17-Dec-14

Road

Akashkinaree

1,000

1,000

1,950

2,535

4,206

116

66

W3

II

STM

BCCL

18-Dec-14

Road

Godhur

3,000

3,000

1,950

2,535

3,016

55

19

W3

I

STM

BCCL

17-Dec-14

Road

Jogidih

1,000

1,000

1,950

2,535

2,745

41

8

W4

 

ROM

CCL

24-Dec-14

Road

JHARKHAND OCP

17,000

17,000

1,460

1,898

3,273

124

72

W3 & W4 Total

 

 

 

 

 

 

386,950

380,670