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Coal news and updates

G-6 grade coal sees good demand in March e-auction

03 Apr 2014

April 3: There was good demand for G-6 grade coal (GCV range 5,501-5,800 Kcal/kg) on the coaljunction e-auction platform in March, with as much as 73.21% of the offered quantity getting allotted.

During March, out of 291,110 tons of G-6 grade coal offered, 213,120 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 3,023/ton.

However, in February, out of 309,880 tons of G-6 grade coal offered, 261,830 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,814/ton.

In January, out of 276,750 tons of G-6 grade offered, 199,558 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 2,991/ton.

Following are the details of e-auction of G-6 and mixed grade coal during the month of March 2014:

GCV Range

Grade / GCV Band

Size

Name of the Company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered(t)

Quantity Allotted(t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% Increase Over Reserve Price (%)

% Increase over Notified Price (%)

5501-5800

G6

ROM

SECL

14-Mar-14

Kanchan OC

Road

14,000

14,000

2,150.00

2,150.00

2,799.96

30

30

5501-5800

G6

STM

SECL

14-Mar-14

Pali

Road

1,000

1,000

2,330.00

2,330.00

3,030.50

30

30

5501-5800

G6

SLK

SECL

14-Mar-14

Vindhya

Road

3,000

3,000

2,170.00

2,170.00

2,170.00

-

-

5501-5800

G6

STM

SECL

14-Mar-14

Vindhya

Road

2,000

2,000

2,330.00

2,330.00

2,461.00

6

6

5501-5800

G6

ROM

SECL

14-Mar-14

Pinoura   (Stock)

Road

12,000

5,750

2,150.00

2,150.00

2,150.00

-

-

5501-5800

G6

SLK

SECL

14-Mar-14

Damini UG (Bunker)

Road

15,000

15,000

2,170.00

2,170.00

2,306.07

6

6

5501-5800

G6

STM

SECL

14-Mar-14

Damini UG (Bunker)

Road

4,000

4,000

2,330.00

2,330.00

2,735.00

17

17

5501-5800

G6

SLK

SECL

14-Mar-14

Dhanpuri UG (Bunker)

Road

1,500

1,500

2,170.00

2,170.00

2,536.00

17

17

5501-5800

G6

STM

SECL

14-Mar-14

Dhanpuri UG (Bunker)

Road

500

500

2,330.00

2,330.00

3,456.00

48

48

5501-5800

G6

SLK

SECL

14-Mar-14

Rajendra UG (Bunker)

Road

13,000

13,000

2,170.00

2,170.00

2,589.15

19

19

5501-5800

G6

STM

SECL

14-Mar-14

Rajendra UG (Bunker)

Road

6,000

6,000

2,330.00

2,330.00

3,253.08

40

40

5501-5800

G6

STM

SECL

14-Mar-14

Amlai OC (Stock)

Road

8,000

8,000

2,330.00

2,330.00

3,862.25

66

66

5501-5800

G6

ROM

SECL

15-Mar-14

Gayatri UG

Road

8,000

8,000

2,150.00

2,150.00

3,360.50

56

56

5501-5800

G6

SLK

SECL

15-Mar-14

Rehar UG

Road

6,000

6,000

2,170.00

2,170.00

2,967.58

37

37

5501-5800

G6

STM

SECL

15-Mar-14

Rehar UG

Road

2,000

2,000

2,330.00

2,330.00

4,516.50

94

94

5501-5800

G6

ROM

SECL

15-Mar-14

Rehar UG (Stock)

Road

5,000

5,000

2,150.00

2,150.00

3,149.00

46

46

5501-5800

G6

STM

SECL

15-Mar-14

AMADAND OC

Road

20,000

20,000

2,330.00

2,330.00

3,829.60

64

64

5501-5800

G6

SLK

SECL

15-Mar-14

Jamuna 1/2

Road

2,000

2,000

2,170.00

2,170.00

2,303.00

6

6

5501-5800

G6

SLK

WCL

20-Mar-14

NM UG

Road

2,000

2,000

2,610.00

2,610.00

2,707.00

4

4

5501-5800

G6

STM

WCL

20-Mar-14

SILEWARA

Road

500

500

2,770.00

2,770.00

3,564.00

29

29

5501-5800

G6

STM

WCL

20-Mar-14

Saoner U/G I

Road

11,710

5,820

2,770.00

2,770.00

2,771.56

0

0

5501-5800

G6

STM

WCL

20-Mar-14

Saoner U/G II

Road

10,150

9,860

2,770.00

2,770.00

2,772.18

0

0

5501-5800

G6

STM

WCL

20-Mar-14

Saoner U/G III

Road

8,400

5,710

2,770.00

2,770.00

2,772.45

0

0

5501-5800

G6

STM

WCL

20-Mar-14

PATANSAONGI

Road

7,000

5,540

2,770.00

2,770.00

2,772.36

0

0

5501-5800

G6

CCL

20-Mar-14

RAJHARA

Road

3,000

No Bid

2,330.00

2,330.00

NA

-

-

5501-5800

G6

STM

NCL

21-Mar-14

Krishnasila

Road

20,000

20,000

2,330.00

2,330.00

4,306.56

85

85

5501-5800

G6

STM

ECL

28-Mar-14

DABOR OCP: : Salanpur A (B-II)

Road

8,000

8,000

2,330.00

2,330.00

4,212.02

81

81

5501-5800

G6

STM

ECL

28-Mar-14

SLS -1

Rail

97,350

38,940

2,330.00

2,330.00

2,330.00

-

-

5501-5800 Total

           

291,110

213,120