Coking coal sees good demand at e-auction in March
02 Apr 2014
April 2: Washery grade coking coal (W3 and W4) offered on the e-auction platform conducted by coaljunction for Coal India Ltd (CIL) subsidiaries during March 2014 met with good demand as out of 247,450 tons offered, 188,530 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,690/ton.
However, in February 2014, the offering met with good demand as out of 421,100 tons offered, 366,130 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,936/ton.
In January 2014 too, the offering met with good demand as out of 469,300 tons offered, 363,130 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 3,119/ton.
Following are the details of e-auction of coking coal in March:
GCV Range |
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 |
19-Mar-14 |
DAMODA |
Road |
1,000 |
1,000 |
2,535.00 |
1,950.00 |
4,143.50 |
63 |
112 |
W3 |
STM |
BCCL |
19-Mar-14 |
Jamunia OCP SSY |
Road |
5,000 |
5,000 |
2,535.00 |
1,950.00 |
4,298.20 |
70 |
120 |
W3 |
STM |
BCCL |
19-Mar-14 |
Govindpur |
Road |
1,000 |
1,000 |
2,535.00 |
1,950.00 |
3,028.00 |
19 |
55 |
W3 |
STM |
BCCL |
19-Mar-14 |
Block IV |
Road |
1,000 |
1,000 |
2,535.00 |
1,950.00 |
3,035.50 |
20 |
56 |
W3 |
STM |
BCCL |
19-Mar-14 |
Jogidih |
Road |
1,000 |
1,000 |
2,535.00 |
1,950.00 |
2,690.00 |
6 |
38 |
W3 |
STM |
BCCL |
19-Mar-14 |
Akashkinaree |
Road |
1,000 |
1,000 |
2,535.00 |
1,950.00 |
3,176.50 |
25 |
63 |
W3 |
STM |
BCCL |
19-Mar-14 |
West Mudidih SSY |
Road |
12,000 |
12,000 |
2,535.00 |
1,950.00 |
4,025.96 |
59 |
106 |
W3 |
STM |
BCCL |
19-Mar-14 |
S.Bansjora |
Road |
3,000 |
3,000 |
2,535.00 |
1,950.00 |
3,310.50 |
31 |
70 |
W3 |
STM |
BCCL |
19-Mar-14 |
KUYA OCP OUTSOURCED |
Road |
20,000 |
20,000 |
2,535.00 |
1,950.00 |
3,180.90 |
25 |
63 |
W3 |
STM |
BCCL |
19-Mar-14 |
Kuya OCP |
Road |
1,000 |
1,000 |
2,535.00 |
1,950.00 |
3,057.00 |
21 |
57 |
W3 |
STM |
BCCL |
19-Mar-14 |
NTST OCP |
Road |
10,000 |
10,000 |
2,535.00 |
1,950.00 |
3,305.05 |
30 |
69 |
W3 |
STM |
BCCL |
19-Mar-14 |
BARAREE 6 PIT |
Road |
3,950 |
3,000 |
2,535.00 |
1,950.00 |
2,537.00 |
0 |
30 |
W3 |
STM |
BCCL |
19-Mar-14 |
Jeenagora OCP |
Road |
4,000 |
4,000 |
2,535.00 |
1,950.00 |
3,269.50 |
29 |
68 |
W3 |
SLURRY |
BCCL |
19-Mar-14 |
Madhuban |
Road |
25,000 |
900 |
3,362.00 |
2,586.00 |
3,362.00 |
- |
30 |
W3 |
STM |
CCL |
20-Mar-14 |
TOPA |
Road |
200 |
200 |
2,262.00 |
1,740.00 |
3,783.00 |
67 |
117 |
W3 |
ROM(MP) |
CCL |
20-Mar-14 |
DHORI |
Road |
4,100 |
4,100 |
2,262.00 |
1,740.00 |
3,630.73 |
61 |
109 |
W3 |
STM |
CCL |
20-Mar-14 |
Govindpur Phase-II |
Road |
10,500 |
10,500 |
2,262.00 |
1,740.00 |
3,163.99 |
40 |
82 |
W3 |
STM |
CCL |
20-Mar-14 |
Tarmi OS |
Road |
2,400 |
2,400 |
2,262.00 |
1,740.00 |
3,859.08 |
71 |
122 |
W3 |
ROM |
CCL |
20-Mar-14 |
PUNDI (SRCC) |
Road |
25,000 |
23,130 |
2,028.00 |
1,560.00 |
2,028.33 |
0 |
30 |
W3 |
ROM |
CCL |
20-Mar-14 |
TOPA (SRCC) |
Road |
30,000 |
30,000 |
2,028.00 |
1,560.00 |
2,090.81 |
3 |
34 |
W4 |
SLURRY |
BCCL |
19-Mar-14 |
SUDAMDIH |
Road |
20,000 |
No Bid |
3,075.00 |
2,365.00 |
NA |
- |
- |
W4 |
ROM |
BCCL |
19-Mar-14 |
AKWMC/Gareria |
Rail |
60,000 |
48,000 |
2,145.00 |
1,650.00 |
2,151.67 |
0 |
30 |
W4 |
STM |
CCL |
20-Mar-14 |
KARO OCP |
Road |
6,300 |
6,300 |
2,132.00 |
1,640.00 |
2,685.97 |
26 |
64 |
W3,W4 Total |
|
|
|
|
|
247,450 |
188,530 |
|
|
|
|
|