Fair demand for G8 grade in February e-auction
04 Mar 2016
Fair demand was witnessed for G8 grade coal (GCV range of 4,901-5,200 Kcal/kg) offered by MCL,SECL,CCL and WCL in the February 2016 e-auctions on coaljunction as out of the offered quantity of 212,500 tons, a mere 64,290 tons were allotted, fetching a weighted average of Rs 2,046, according to data available with ICMW.
However, low demand was witnessed for G8 grade coal offered by CCL in the January 2016 e-auctions on coaljunction as out of the offered quantity of 30,000 tons, a mere 8,500 tons were allotted at a weighted average of Rs 2,028.
Similar kind of low demand was witnessed for G8 grade offered by CCL and WCL in December 2015 on coaljunction as out of the offered quantity of 30,200 tons, 7,700 tons were allotted at a weighted average price of Rs 2,614.
Following are details of the e-auction of G8 grade on coaljunction in February 2016:
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) |
Average Price in Rs/Mt |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
4901-5200 |
G8 |
STM |
MCL |
03-Feb-16 |
HBI |
ROAD |
40,000 |
No Bid |
1,870 |
2,244 |
- |
- |
- |
4901-5200 |
G8 |
STM |
MCL |
03-Feb-16 |
Orient-2 |
ROAD |
10,000 |
1,000 |
1,870 |
2,244 |
2,244 |
20 |
- |
4901-5200 |
G8 |
ROM |
SECL |
10-Feb-16 |
Jampali OC |
ROAD |
50,000 |
47,200 |
1,690 |
2,028 |
2,028 |
20 |
- |
4901-5200 |
G8 |
ROM |
SECL |
24-Feb-16 |
Baroud OCM |
ROAD |
5,000 |
5,000 |
1,690 |
2,028 |
2,032 |
20 |
0.20 |
4901-5200 |
G8 |
|
CCL |
26-Feb-16 |
GIDI- W SLURRY |
ROAD |
15,000 |
200 |
1,690 |
2,028 |
2,028 |
20 |
- |
4901-5200 |
G8 |
|
CCL |
26-Feb-16 |
KEDLA W. SLURRY (P/L) |
ROAD |
15,000 |
8,980 |
1,690 |
2,028 |
2,028 |
20 |
- |
4901-5200 |
G8 |
CRUROM |
WCL |
29-Feb-16 |
UMRER OC |
ROAD |
20,500 |
1,760 |
2,030 |
2,526 |
2,526 |
24 |
- |
4901-5200 |
G8 |
CRUROM |
WCL |
29-Feb-16 |
Niljai South |
ROAD |
3,000 |
100 |
2,030 |
2,526 |
2,526 |
24 |
- |
4901-5200 |
G8 |
CRUROM |
WCL |
29-Feb-16 |
BHANDEWADA INCLINE |
ROAD |
14,000 |
50 |
2,030 |
2,526 |
2,526 |
24 |
- |
4901-5200 |
G8 |
CRUROM |
WCL |
29-Feb-16 |
UMRER SIDING |
RAIL |
40,000 |
No Bid |
2,030 |
2,436 |
- |
- |
- |
4901-5200 Total |
|
|
|
|
|
|
2,12,500 |
64,290 |
|
|
|
|
|