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New UserCoking coal sees good demand at e-auction in July
17 Sep 2014
(Corrected version of news item carried in ICMW dated August 6, 2014)
September 17: Washery grade coking coal (W3 and W4) offered on the e-auction platform conducted by coaljunction for Coal India Ltd (CIL) subsidiaries during July 2014 met with good demand as out of 1,76,080 tons offered, 1,08,180 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 4,223/ton.
W3 and W4 grade coal offered on the e-auction platform conducted by coaljunction for CIL subsidiaries during June 2014 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.
The increase in weighted average price in July as compared to June was mainly due to reduced offering in July.
Similarly, in May, washery grade coking coal offered too met with a fair demand as out of 192,750 tons offered, 153,850 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,924/ton.
Following are the details of e-auction of coking coal in July:
|
GCV Range
|
Grade / GCV Band |
Size |
Name of The Company |
e-Auction Date |
Ex Location |
Mode of Despatch |
Quantity Offered (t) |
Quantity Allotted (t) |
Notified Price (Rs./t) |
Reserve Price (Rs./t) |
Reserve Price (Rs./t) |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
|
W3 |
STM |
BCCL |
30-Jul-14 |
Muraidih SSY |
ROAD |
1,000 |
1,000 |
1,950.00 |
2,535.00 |
4,570.00 |
134 |
80 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
Shatabdi |
ROAD |
500 |
500 |
1,950.00 |
2,535.00 |
4,739.00 |
143 |
87 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
Jamunia OCP SSY |
ROAD |
1,000 |
1,000 |
1,950.00 |
2,535.00 |
4,869.00 |
150 |
92 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
Benedih SSY |
ROAD |
500 |
500 |
1,950.00 |
2,535.00 |
4,765.00 |
144 |
88 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
Nudkhurkee SSY |
ROAD |
1,000 |
1,000 |
1,950.00 |
2,535.00 |
4,775.00 |
145 |
88 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
Govindpur |
ROAD |
1,000 |
1,000 |
1,950.00 |
2,535.00 |
2,899.50 |
49 |
14 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
Block IV |
ROAD |
1,000 |
1,000 |
1,950.00 |
2,535.00 |
3,353.50 |
72 |
32 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
Jogidih |
ROAD |
500 |
500 |
1,950.00 |
2,535.00 |
2,555.00 |
31 |
1 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
Akashkinaree |
ROAD |
1,000 |
1,000 |
1,950.00 |
2,535.00 |
3,704.00 |
90 |
46 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
Akashkinaree |
ROAD |
500 |
500 |
1,950.00 |
2,535.00 |
4,418.00 |
127 |
74 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
West Mudidih SSY |
ROAD |
7,500 |
7,500 |
1,950.00 |
2,535.00 |
4,850.60 |
149 |
91 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
S.Bansjora |
ROAD |
1,000 |
1,000 |
1,950.00 |
2,535.00 |
4,108.00 |
111 |
62 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
Nichitpur SSY |
ROAD |
500 |
500 |
1,950.00 |
2,535.00 |
4,639.00 |
138 |
83 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
Tetulmari |
ROAD |
500 |
500 |
1,950.00 |
2,535.00 |
4,775.00 |
145 |
88 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
Kusunda OCP |
ROAD |
25,000 |
25,000 |
1,950.00 |
2,535.00 |
4,216.70 |
116 |
66 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
Bastacolla SSY |
ROAD |
1,000 |
1,000 |
1,950.00 |
2,535.00 |
4,110.50 |
111 |
62 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
Dobari SSY |
ROAD |
3,500 |
3,500 |
1,950.00 |
2,535.00 |
3,436.00 |
76 |
36 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
Kuya OCP |
ROAD |
500 |
500 |
1,950.00 |
2,535.00 |
3,911.00 |
101 |
54 |
|
|
W3 |
STM |
BCCL |
30-Jul-14 |
LOHAPATTI 16/17 INC. |
ROAD |
100 |
100 |
1,950.00 |
2,535.00 |
3,625.00 |
86 |
43 |
|
|
W3 |
STM |
BCCL |
31-Jul-14 |
Godhur |
ROAD |
500 |
500 |
1,950.00 |
2,535.00 |
3,326.00 |
71 |
31 |
|
|
W3 |
STM |
BCCL |
31-Jul-14 |
KUYA OCP OUTSOURCED |
ROAD |
12,000 |
12,000 |
1,950.00 |
2,535.00 |
3,942.25 |
102 |
56 |
|
|
W3 |
STM |
BCCL |
31-Jul-14 |
Bera |
ROAD |
2,000 |
2,000 |
1,950.00 |
2,535.00 |
4,162.75 |
113 |
64 |
|
|
W3 |
STM |
BCCL |
31-Jul-14 |
NTST OCP |
ROAD |
7,500 |
7,500 |
1,950.00 |
2,535.00 |
3,995.73 |
105 |
58 |
|
|
W3 |
STM |
BCCL |
31-Jul-14 |
BARAREE 6 PIT |
ROAD |
2,000 |
2,000 |
1,950.00 |
2,535.00 |
3,638.50 |
87 |
44 |
|
|
W3 |
STM |
BCCL |
31-Jul-14 |
Jeenagora OCP |
ROAD |
4,000 |
4,000 |
1,950.00 |
2,535.00 |
4,027.50 |
107 |
59 |
|
|
W3 |
STM |
BCCL |
31-Jul-14 |
Dhansar |
ROAD |
10,000 |
10,000 |
1,950.00 |
2,535.00 |
4,550.70 |
133 |
80 |
|
|
W3 |
SLURRY |
BCCL |
31-Jul-14 |
Moonidih |
ROAD |
5,000 |
5,000 |
2,586.00 |
3,362.00 |
3,489.60 |
35 |
4 |
|
|
W3 |
SLURRY |
BCCL |
31-Jul-14 |
Moonidih |
ROAD |
5,000 |
5,000 |
2,586.00 |
3,362.00 |
3,364.30 |
30 |
0 |
|
|
W3 |
SLURRY |
BCCL |
31-Jul-14 |
Patherdih |
ROAD |
20,000 |
No Bid |
2,586.00 |
3,362.00 |
NA |
|||
|
W3 |
SLURRY |
BCCL |
31-Jul-14 |
Madhuban |
ROAD |
25,000 |
No Bid |
2,586.00 |
3,362.00 |
NA |
|||
|
W3 |
STM |
CCL |
31-Jul-14 |
AMLO |
ROAD |
1,250 |
1,250 |
1,740.00 |
2,262.00 |
4,575.92 |
163 |
102 |
|
|
W3 |
STM |
CCL |
31-Jul-14 |
TOPA |
ROAD |
120 |
120 |
1,460.00 |
2,262.00 |
5,622.00 |
285 |
149 |
|
|
W3 |
ROM |
CCL |
31-Jul-14 |
SEL DHORI Q-III |
ROAD |
3,750 |
3,750 |
1,740.00 |
2,262.00 |
4,565.07 |
162 |
102 |
|
|
W3 |
STM |
CCL |
31-Jul-14 |
PAREJ(E)/ULAHARA |
ROAD |
2,000 |
2,000 |
1,690.00 |
2,262.00 |
5,879.50 |
248 |
160 |
|
|
W3 |
STM |
CCL |
31-Jul-14 |
TAPIN NORTH |
ROAD |
1,250 |
1,250 |
1,740.00 |
2,262.00 |
5,933.36 |
241 |
162 |
|
|
W3 |
STM |
CCL |
31-Jul-14 |
KEDLA OCP |
ROAD |
1,000 |
1,000 |
950.00 |
2,262.00 |
6,969.70 |
634 |
208 |
|
|
W3 |
STM |
CCL |
31-Jul-14 |
Tarmi OS |
ROAD |
310 |
310 |
1,885.00 |
2,262.00 |
4,530.71 |
140 |
100 |
|
|
W4 |
Tailings |
BCCL |
31-Jul-14 |
Dugda |
ROAD |
23,300 |
400 |
2,365.00 |
3,075.00 |
3,075.00 |
30 |
- |
|
|
W4 |
ROM |
CCL |
31-Jul-14 |
JHARKHAND OCP |
ROAD |
2,500 |
2,500 |
3,670.00 |
1,898.00 |
5,047.36 |
38 |
166 |
|
|
W3,W4 Total |
|
176,080 |
108,180 |