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Coal news and updates

G-6 grade coal sees strong demand in April e-auction

07 May 2014

May 7: There was a strong demand for G-6 grade coal (GCV range 5,501-5,800 Kcal/kg) on the coaljunction e-auction platform in April, with as much as 99.82% of the offered quantity getting allotted.

During April, out of 140,400 tons of G-6 grade coal offered, 140,150 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 3,306/ton.

However, in 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.

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.

Following are the details of e-auction of G-6 and mixed grade coal during the month of April 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)

Notified Price (Rs./t)

Reserve Price (Rs./t)

Average Price in Rs/Mt

 % Increase over Notified Price (%)

 % Increase Over Reserve Price (%)

5501-5800

G6

Sized ROM

SECL

16-Apr-14

Gayatri UG 

ROAD

      13,000

       13,000

       2,150

       2,150

       3,542

           65

            65

5501-5800

G6

SLK

SECL

16-Apr-14

Rehar UG 

ROAD

        6,000

         6,000

       2,170

       2,170

       3,151

           45

            45

5501-5800

G6

STM

SECL

16-Apr-14

Rehar UG 

ROAD

        5,000

         5,000

       2,330

       2,330

       4,151

           78

            78

5501-5800

G6

Sized ROM

SECL

16-Apr-14

Rehar UG (Stock) 

ROAD

        4,000

         4,000

       2,150

       2,150

       3,256

           51

            51

5501-5800

G6

Sized ROM (-100 mm)

SECL

16-Apr-14

Pinoura   (Stock)

ROAD

      15,000

       15,000

       2,150

       2,150

       2,598

           21

            21

5501-5800

G6

SLK

SECL

16-Apr-14

Damini UG (Bunker) 

ROAD

      15,000

       15,000

       2,170

       2,170

       2,776

           28

            28

5501-5800

G6

STM

SECL

16-Apr-14

Damini UG (Bunker) 

ROAD

        3,300

         3,300

       2,330

       2,330

       2,947

           26

            26

5501-5800

G6

STM

SECL

16-Apr-14

Dhanpuri UG (Bunker) 

ROAD

        1,000

         1,000

       2,330

       2,330

       3,586

           54

            54

5501-5800

G6

SLK

SECL

16-Apr-14

Rajendra UG (Bunker) 

ROAD

      11,000

       11,000

       2,170

       2,170

       2,869

           32

            32

5501-5800

G6

STM

SECL

16-Apr-14

Rajendra UG (Bunker) 

ROAD

        2,000

         2,000

       2,330

       2,330

       3,664

           57

            57

5501-5800

G6

STM

SECL

16-Apr-14

Amlai OC (Stock) 

ROAD

      14,000

       14,000

       2,330

       2,330

       3,816

           64

            64

5501-5800

G6

STM

BCCL

21-Apr-14

Block IV

ROAD

        1,000

            750

       2,330

       2,330

       2,331

             0

              0

5501-5800

G6

STM

ECL

25-Apr-14

BEJDIH::Sripur- R -VI

ROAD

           800

            800

       2,330

       2,330

       4,247

           82

            82

5501-5800

G6

STM

SECL

28-Apr-14

AMADAND OC

ROAD

      16,000

       16,000

       2,330

       2,330

       4,459

           91

            91

5501-5800

G6

SLK

SECL

28-Apr-14

Jamuna 1/2

ROAD

        2,500

         2,500

       2,170

       2,170

       2,668

           23

            23

5501-5800

G6

SLK

SECL

28-Apr-14

Jamuna OC

ROAD

           800

            800

       2,170

       2,170

       2,720

           25

            25

5501-5800

G6

ROM

SECL

28-Apr-14

Kanchan OC

ROAD

      17,000

       17,000

       2,150

       2,150

       3,322

           54

            54

5501-5800

G6

STM

SECL

28-Apr-14

Pali

ROAD

        3,000

         3,000

       2,330

       2,330

       3,237

           39

            39

5501-5800

G6

SLK

SECL

28-Apr-14

Vindhya

ROAD

        3,000

         3,000

       2,170

       2,170

       2,697

           24

            24

5501-5800

G6

STM

SECL

28-Apr-14

Vindhya

ROAD

        2,000

         2,000

       2,330

       2,330

       2,930

           26

            26

5501-5800

G6

 

CCL

30-Apr-14

CHURI

ROAD

        5,000

         5,000

       2,330

       2,330

       2,586

           11

            11

5501-5800 Total

 

 

 

 

 

 

140,400

140,150