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Coking coal sees strong demand in May e-auction

24 Jun 2014

June 24: Good demand was witnessed for washery grade (W3 & W4) coking coal offered by Bharat Coking Coal Limited (BCCL) and Central Coalfields Limited (CCL) for allotment through the MSTC platform during May 2014.

During May, 218,800 tons were offered for allotment out of which 211,290 tons got allotted at a weighted average price of Rs 2,764 per ton.

However, during April, 248,750 tons were offered for allotment out of which 225,750 tons got allotted at a weighted average price of Rs 2,921 per ton.

On the other hand, in March 2014, a total of 230,200 tons of coking coal was offered for allotment out of which 228,500 tons got allotted and the weighted average price of the material stood at Rs 3,265 per ton.

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

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Qty Allotted (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

 

STEAM

CCL

31-May-14

ROAD

AMLO

2200

2200

1,740

2,262

4,030

132

78

W3

 

STEAM

CCL

31-May-14

ROAD

TOPA

1000

990

1,740

2,262

4,596

164

103

W3

 

STEAM

CCL

31-May-14

ROAD

TARMI OS

600

600

1,740

2,262

4,094

135

81

W3

 

STEAM

BCCL

21-May-14

ROAD

NUDKHURKEE SSY

1000

1000

1,950

2,535

3,368

73

33

W3

 

STEAM

BCCL

21-May-14

ROAD

NICHITPUR SSY

8000

7000

1,950

2,535

2,537

30

0

W3

 

STEAM

BCCL

21-May-14

ROAD

TETULMARI

12000

12000

1,950

2,535

2,637

35

4

W3

 

STEAM

BCCL

21-May-14

ROAD

GHANOODIH OCP

5000

5000

1,950

2,535

3,236

66

28

W3

 

STEAM

BCCL

21-May-14

ROAD

BERA

3000

3000

1,950

2,535

3,513

80

39

W3

 

STEAM

BCCL

21-May-14

ROAD

SOUTH JHARIA

4000

4000

1,950

2,535

3,744

92

48

W3

 

STEAM

BCCL

21-May-14

ROAD

MURAIDIH SSY

1000

1000

1,950

2,535

3,562

83

41

W3

 

STEAM

BCCL

21-May-14

ROAD

KUSUNDA OCP

42000

42000

1,950

2,535

3,194

64

26

W3

 

STEAM

BCCL

21-May-14

ROAD

DHANSAR

10000

10000

1,950

2,535

3,855

98

52

W3

 

STEAM

BCCL

21-May-14

ROAD

GODHUR

6000

700

1,950

2,535

2,535

30

0

W3

 

STEAM

BCCL

21-May-14

ROAD

BASTACOLLA SSY

2000

2000

1,950

2,535

3,132

61

24

W3

 

STEAM

BCCL

21-May-14

ROAD

DOBARI SSY

5000

3800

1,950

2,535

2,544

30

0

W4

 

ROM

CCL

31-May-14

RAIL

JARANGDIH-I

76000

76000

1,460

1,898

2,282

56

20

W4

 

ROM

CCL

31-May-14

ROAD

JHARKHAND OCP

40000

40000

1,460

1,898

2,659

82

40

W3W4 Total

 

 

 

 

 

 

218,800

211,290