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Coking coal sees moderate demand in Aug e-auction on other platform

26 Sep 2014

September 26: A more or less moderate demand was witnessed for washery grade (W3) coking coal offered by Central Coalfields Limited (CCL) and Bharat Coking Coal Limited (BCCL) for allotment through the MSTC platform in August 2014.

During August, a total of 95,040 tons of coking coal was offered out of which 50,180 tons got allotted at a weighted average price of Rs 4,174 per ton.

However, a high demand was seen for the small amount of 4,010 tons of coking coal offered during July as the entire quantity got allotted at a weighted average price of Rs 4,148 per ton.

On the other hand, in June, 138,500 tons were offered for allotment out of which 87,850 tons got allotted at a weighted average price of Rs 3,199 per ton.

Following are the details of e-auction for coking coal via the MSTC platform in August 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Qty Alloted (In tons)

(ANP)Average Notified Price (in Rs)

(ARP)Average Reserve Price (In Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

W3

 

STM

BCCL

22-Aug-14

ROAD

KUYA OCP OUTSOURCED

12,000

12,000

1,950

2,535

3,946

102

56

W3

 

STM

BCCL

22-Aug-14

ROAD

NTST OCP

7,500

7,500

1,950

2,535

3,991

105

57

W3

 

STM

BCCL

22-Aug-14

ROAD

BARAREE 6 PIT

2,000

2,000

1,950

2,535

3,587

84

41

W3

 

STM

BCCL

22-Aug-14

ROAD

JEENAGORA OCP

4,000

4,000

1,950

2,535

3,976

104

57

W3

 

STM

BCCL

22-Aug-14

ROAD

LOHAPATTI 16/17 INC.

100

100

1,950

2,535

4,155

113

64

W3

 

STM

BCCL

22-Aug-14

ROAD

AKASHKINAREE

1,000

1,000

1,950

2,535

3,400

74

34

W3

 

STM

BCCL

22-Aug-14

ROAD

AKASHKINAREE

500

500

1,950

2,535

4,541

133

79

W3

 

STM

BCCL

22-Aug-14

ROAD

WEST MUDIDIH SSY

7,500

7,500

1,950

2,535

4,878

150

92

W3

 

STM

BCCL

22-Aug-14

ROAD

S. BANSJORA

1,000

1,000

1,950

2,535

4,335

122

71

W3

 

STM

BCCL

22-Aug-14

ROAD

KUYA OCP

500

500

1,950

2,535

3,954

103

56

W3

 

STM

BCCL

22-Aug-14

ROAD

JAMUNIA OCP SSY

1,000

1,000

1,950

2,535

4,827

148

90

W3

 

STM

BCCL

22-Aug-14

ROAD

GOVINDPUR

1,000

1,000

1,950

2,535

3,281

68

29

W3

 

STM

BCCL

22-Aug-14

ROAD

BLOCK IV

1,000

1,000

1,950

2,535

3,458

77

36

W3

 

STM

BCCL

22-Aug-14

ROAD

JOGIDIH

500

500

1,950

2,535

2,655

36

5

W3

 

STM

CCL

30-Aug-14

ROAD

TAPIN NORTH

1,730

1,730

1,740

2,262

5,801

233

156

W3

 

STM

CCL

30-Aug-14

ROAD

KEDLA OCP

920

920

1,740

2,262

6,354

265

181

W3

 

STM

CCL

30-Aug-14

ROAD

TARMI OS

300

280

1,740

2,262

4,906

182

117

W3

 

STM

CCL

30-Aug-14

ROAD

AMLO

1,740

1,740

1,740

2,262

4,875

180

116

W3

 

STM

CCL

30-Aug-14

ROAD

TOPA

200

160

1,740

2,262

5,250

202

132

W3

 

SLR

BCCL

22-Aug-14

ROAD

MOONIDIH

5,550

5,550

2,586

3,362

3,601

39

7

W3

 

SLR

BCCL

22-Aug-14

ROAD

PATHERDIH

20,000

200

2,586

3,362

3,362

30

-

W3

 

SLR

BCCL

22-Aug-14

ROAD

MADHUBAN

25,000

-

-

-

-

-

-

W3 Total

 

 

 

 

 

 

95,040

50,180