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Coal news and updates

Fall in SCCL’s Oct offerings on coaljunction

04 Nov 2014

November 4: Singareni Collieries Company Ltd (SCCL), after reducing the offerings in August and July, once again cut the offered quantity in October after having increased the same a bit in September, according to provisional data available with ICMW.

The miner offered a total of 185,000 tons through e-auction in October for sale through coaljunction, as compared to a higher quantity of 367,000 tons in September.

The allotted quantity in October fell to 113,615 tons as compared to 274,623 tons in September, according to the data.

In October all the grades offered from SCCL on the coaljunction platform witnessed strong demand as the entire quantities got allotted except G-9 grade as out of 79,000 tons of this grade offered, 27,615 tons got allotted during the month at a weighted average price of Rs 2,805 per ton.

Following are the details of coal offered by SCCL on coaljunction’s e-auction platform in October:

GCV Range

Grade

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 (%)

4001-4300

G11

CRR

SCCL

29-Oct-14

ROAD

KHAIRGURA OC

20,000

20,000

1,785

1,970

2,907

63

48

4001-4300 Total

 

 

 

 

 

 

20,000

20,000

 

 

 

 

 

4301-4600

G10

CRR

SCCL

29-Oct-14

ROAD

GDK 10 & 10A

25,000

25,000

2,190

2,410

2,693

23

12

4301-4600 Total

 

 

 

 

 

 

25,000

25,000

 

 

 

 

 

4601-4900

G9

ROM

SCCL

29-Oct-14

ROAD

KK - 5

4,000

4,000

2,250

2,480

3,379

50

36

4601-4900

G9

ROM

SCCL

29-Oct-14

ROAD

RK-8

5,000

5,000

2,250

2,480

3,185

42

28

4601-4900

G9

CRR

SCCL

29-Oct-14

ROAD

JVR OC

30,000

680

2,340

2,580

2,580

10

-

4601-4900

G9

CRR

SCCL

29-Oct-14

ROAD

MNG OC IV

40,000

17,935

2,340

2,580

2,580

10

0

4601-4900 Total

 

 

 

 

 

 

79,000

27,615

 

 

 

 

 

4901-5200

G8

ROM

SCCL

29-Oct-14

ROAD

GDK 7 LEP

5,000

5,000

2,550

2,810

3,218

26

15

4901-5200 Total

 

 

 

 

 

 

5,000

5,000

 

 

 

 

 

5201-5500

G7

ROM

SCCL

29-Oct-14

ROAD

KK-1

6,000

6,000

2,580

2,840

3,562

38

25

5201-5500

G7

ROM

SCCL

29-Oct-14

ROAD

KASIPETA

5,000

5,000

2,580

2,840

3,525

37

24

5201-5500

G7

RND

SCCL

29-Oct-14

ROAD

IK 1A

5,000

5,000

2,987

3,290

4,390

47

33

5201-5500

G7

RND

SCCL

29-Oct-14

ROAD

MEDIPALLY OC

5,000

5,000

2,987

3,290

4,017

34

22

5201-5500 Total

 

 

 

 

 

 

21,000

21,000

 

 

 

 

 

WG

 

G9

SCCL

29-Oct-14

ROAD

MNG WASHERY

25,000

25,000

2,778

2,780

2,923

5

5

WG

 

SL

SCCL

29-Oct-14

ROAD

WASHERY SLURRY

10,000

10,000

427

430

491

15

14

WG Total

 

 

 

 

 

 

35,000

35,000

 

 

 

 

 

Grand Total

 

 

 

 

 

 

185,000

133,615