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Coking coal sees very strong demand at Oct e-auction

04 Nov 2014

November 4: Washery grade coking coal (W3 and W4) offered on the e-auction platform conducted by coaljunction for Coal India Ltd (CIL) subsidiaries in October 2014 met with very strong demand as the entire offered quantity of 120,910 tons got allotted during the month. The weighted average price of the allotted quantity during the month stood at Rs 4,497/ton.

However, washery grade coking coal offered during September 2014 met with moderate demand as out of 116,630 tons offered, 65,475 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 4,137/ton.

During August, W3 and W4 grade coking coal offered met with good demand as out of 95,250 tons offered, 78,860 tons got allotted at a weighted average price of Rs 4,231 per ton.

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

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Mode of Despatch

Ex Location

Quantity Offered (t)

Quantity Allotted (t)

Notified Price (Rs./t)

Reserve Price (Rs./t)

Average Price (Rs./t)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

W3

 

STM

BCCL

20-Oct-14

ROAD

Muraidih SSY

500

500

1,950

2,535

4,061

108

60

W3

 

STM

BCCL

20-Oct-14

ROAD

Shatabdi

500

500

1,950

2,535

3,543

82

40

W3

 

STM

BCCL

20-Oct-14

ROAD

Benedih SSY

500

500

1,950

2,535

3,614

85

43

W3

 

STM

BCCL

20-Oct-14

ROAD

Nudkhurkee SSY

1,000

1,000

1,950

2,535

2,539

30

0

W3

 

STM

BCCL

20-Oct-14

ROAD

Nichitpur SSY

3,000

3,000

1,950

2,535

4,445

128

75

W3

 

STM

BCCL

20-Oct-14

ROAD

Tetulmari

5,000

5,000

1,950

2,535

4,743

143

87

W3

 

STM

BCCL

20-Oct-14

ROAD

Kusunda OCP

40,000

40,000

1,950

2,535

4,415

126

74

W3

 

STM

BCCL

20-Oct-14

ROAD

Dhansar

13,000

13,000

1,950

2,535

4,866

150

92

W3

 

STM

BCCL

20-Oct-14

ROAD

Godhur

4,000

4,000

1,950

2,535

3,357

72

32

W3

 

STM

BCCL

20-Oct-14

ROAD

Bastacolla SSY

1,000

1,000

1,950

2,535

4,361

124

72

W3

 

STM

BCCL

20-Oct-14

ROAD

Dobari SSY

3,500

3,500

1,950

2,535

3,673

88

45

W3

 

STM

BCCL

20-Oct-14

ROAD

Bera

2,000

2,000

1,950

2,535

4,488

130

77

W3

 

STM

BCCL

20-Oct-14

ROAD

South Jharia

4,000

4,000

1,950

2,535

4,665

139

84

W3

 

STM

CCL

28-Oct-14

ROAD

JARANGDIH

2,580

2,580

1,740

2,262

3,485

100

54

W3

 

ROM

CCL

28-Oct-14

ROAD

DHORI

1,050

1,050

1,740

2,262

4,809

176

113

W3

 

STM

CCL

28-Oct-14

ROAD

SEL DHORI Q-I

3,740

3,740

1,740

2,262

5,495

216

143

W3

 

ROM

CCL

28-Oct-14

ROAD

SEL DHORI Q-III

6,730

6,730

1,740

2,262

5,068

191

124

W3

 

STM

CCL

28-Oct-14

ROAD

PAREJ(E)/ULAHARA

4,180

4,180

1,740

2,262

5,590

221

147

W3

 

STM

CCL

28-Oct-14

ROAD

KHASHMAHAL

5,150

5,150

1,740

2,262

4,314

148

91

W3

 

STM

CCL

28-Oct-14

ROAD

AMLO

3,880

3,880

1,740

2,262

5,155

196

128

W3

 

ROM

CCL

28-Oct-14

ROAD

PUNDI (SRCC)

3,150

3,150

1,560

2,028

3,968

154

96

W3

 

ROM

CCL

28-Oct-14

ROAD

TOPA (SRCC)

5,250

5,250

1,560

2,028

3,931

152

94

W4

 

ROM

CCL

28-Oct-14

ROAD

Govindpur Phase-II

2,050

2,050

1,460

1,898

3,773

158

99

W4

 

ROM

CCL

28-Oct-14

ROAD

JHARKHAND OCP

5,150

5,150

1,460

1,898

4,909

236

159

W3 & W4 Total

 

 

 

 

 

 

120,910

120,910