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New UserFair demand for G3 grade in October on other platform
24 Nov 2015
India Coal Market Watch
November 23: Fair demand was witnessed for G3 grade (GCV ranging from 6,401-6,700 Kcal/Kg) coal offered for allotment via MSTC’s e-auction platform in October 2015 as out of the entire offered quantity of 47,870 tons, 34,700 tons got allotted at a weighted average price of Rs 4,854 per ton, as per data available with ICMW.
However, very poor demand was witnessed for G3 grade coal offered for allotment via MSTC in September 2015 as out of the entire offered quantity of 426,940 tons, only 5,570 tons got allotted but at a weighted average price of Rs 4,156 per ton.
Similar kind of poor demand was witnessed for G3 grade offered for allotment via MSTC in August 2015 as out of the entire offered quantity of 332,080 tons, only 18,040 tons got allotted but at a weighted average price of Rs 4,327 per ton.
Following are details of G3 grade coal e-auctions on MSTC in October 2015:
|
GCV Range |
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 (%) |
|
6401-6700 |
G3 |
STM |
SECL |
29-Oct-15 |
ROAD |
Amadand UG |
500 |
500 |
4,070 |
4,070 |
4,770 |
17 |
17 |
|
6401-6700 |
G3 |
STM |
ECL |
30-Oct-15 |
ROAD |
CHITRA-A OC: :Saharjori / Patrika |
16,000 |
16,000 |
4,070 |
4,070 |
5,232 |
29 |
29 |
|
6401-6700 |
G3 |
STM |
ECL |
30-Oct-15 |
ROAD |
CHITRA OCP::COLONY |
12,120 |
12,120 |
4,070 |
4,070 |
4,752 |
17 |
17 |
|
6401-6700 |
G3 |
n |
CCL |
27-Oct-15 |
ROAD |
RELIGARA |
8,750 |
5,680 |
4,070 |
4,070 |
4,070 |
- |
- |
|
6401-6700 |
G3 |
n |
CCL |
27-Oct-15 |
ROAD |
SAUNDA |
500 |
400 |
4,070 |
4,070 |
4,070 |
- |
- |
|
6401-6700 |
G3 |
ROM |
SECL |
19-Oct-15 |
ROAD |
Haldibari (Bunker) |
10,000 |
- |
- |
- |
- |
- |
- |