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Coking coal sees good demand at e-auction in Jan

05 Feb 2014

February 5: Washery grade coking coal (W3 and W4) offered on the e-auction conducted by coaljunction for Coal India Ltd (CIL) subsidiaries during January 2014 met with good demand as out of 469,300 tons offered, 363,130 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 3,119/ton.

However, in December 2013 also, there was 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.

November too saw 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.

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

GCV Range

Grade / GCV Band

Size

Name of the Company

e-Auction Date

Ex Location

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 (%)

W3

 

STM

BCCL

22-Jan-14

Shatabdi

Road

1,000

1,000

2,535.00

1,950.00

3,752.00

48

92

W3

 

STM

BCCL

22-Jan-14

Jamunia OCP SSY

Road

15,900

15,900

2,535.00

1,950.00

3,679.75

45

89

W3

 

STM

BCCL

22-Jan-14

Govindpur

Road

3,500

3,500

2,535.00

1,950.00

2,647.14

4

36

W3

 

STM

BCCL

22-Jan-14

Block IV

Road

2,000

2,000

2,535.00

1,950.00

2,554.00

1

31

W3

 

STM

BCCL

22-Jan-14

Jogidih

Road

2,000

2,000

2,535.00

1,950.00

2,790.00

10

43

W3

 

STM

BCCL

22-Jan-14

Akashkinaree

Road

4,000

4,000

2,535.00

1,950.00

3,569.50

41

83

W3

 

STM

BCCL

22-Jan-14

Akashkinari

Road

1,500

1,500

2,535.00

1,950.00

3,083.33

22

58

W3

 

STM

BCCL

22-Jan-14

West Mudidih SSY

Road

10,000

10,000

2,535.00

1,950.00

4,008.50

58

106

W3

 

STM

BCCL

22-Jan-14

Sendra Bansjora

Road

3,000

3,000

2,535.00

1,950.00

3,420.00

35

75

W3

 

STM

BCCL

22-Jan-14

Gondudih

Road

6,000

6,000

2,535.00

1,950.00

3,658.50

44

88

W3

 

STM

BCCL

22-Jan-14

KUYA OCP OUTSOURCED

Road

18,000

18,000

2,535.00

1,950.00

3,407.81

34

75

W3

 

STM

BCCL

22-Jan-14

Kuya OCP

Road

1,000

1,000

2,535.00

1,950.00

3,400.00

34

74

W3

 

STM

BCCL

22-Jan-14

Bera

Road

4,000

4,000

2,535.00

1,950.00

3,732.00

47

91

W3

 

STM

BCCL

22-Jan-14

NTST OCP

Road

15,000

15,000

2,535.00

1,950.00

3,443.60

36

77

W3

 

STM

BCCL

22-Jan-14

BARAREE 6 PIT

Road

1,950

1,950

2,535.00

1,950.00

2,938.33

16

51

W3

 

STM

BCCL

22-Jan-14

Jeenagora OCP

Road

2,000

2,000

2,535.00

1,950.00

3,417.75

35

75

W3

 

ROM

CCL

31-Jan-14

PUNDI (SRCC)

Road

30,000

12,330

2,028.00

1,560.00

2,028.00

-

30

W3

 

ROM

CCL

31-Jan-14

ARA (SRCC)

Road

25,000

No Bid

2,028.00

1,560.00

NA

 

 

W3

 

ROM

CCL

31-Jan-14

TOPA (SRCC)

Road

35,000

12,140

2,028.00

1,560.00

2,028.00

-

30

W3

 

ROM/ROM(MP)

CCL

31-Jan-14

SEL DHORI Q-III

Road

13,500

13,500

2,262.00

1,740.00

3,925.27

74

126

W3

 

STM

CCL

31-Jan-14

Tarmi OS

Road

3,050

3,050

2,262.00

1,740.00

3,685.67

63

112

W3

 

STM

CCL

31-Jan-14

PAREJ(E)/ULAHARA

Road

18,100

18,100

2,262.00

1,740.00

4,189.31

85

141

W3

 

STM

CCL

31-Jan-14

SEL DHORI Q-I

Road

22,400

22,400

2,262.00

1,740.00

3,599.49

59

107

W3

 

STM

CCL

31-Jan-14

AMLO

Road

12,700

12,700

2,262.00

1,740.00

3,889.10

72

124

W3

 

STM

CCL

31-Jan-14

TAPIN NORTH

Road

12,700

12,700

2,262.00

1,740.00

4,222.65

87

143

W3

 

STM

CCL

31-Jan-14

KEDLA OCP

Road

12,000

12,000

2,262.00

1,740.00

4,482.12

98

158

W4

 

SLURRY

BCCL

22-Jan-14

SUDAMDIH

Road

20,000

No Bid

3,075.00

2,365.38

NA

 

 

W4

 

ROM

BCCL

22-Jan-14

TETULMARI/BANSJORA/NICHITPUR

Rail

20,000

20,000

2,145.00

1,650.00

2,153.00

0

30

W4

 

ROM

BCCL

22-Jan-14

NT-ST

Rail

20,000

No Bid

2,145.00

1,650.00

NA

 

 

W4

 

ROM

CCL

31-Jan-14

Govindpur Phase-II

Road

20,000

19,360

1,898.00

1,460.00

1,900.51

0

30

W4

 

ROM

CCL

31-Jan-14

JARAGDIH-II

Rail

114,000

114,000

1,898.00

1,581.67

2,707.00

43

71

Total

 

 

 

 

 

 

469300

363130