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G12 sees strong demand in Feb on coaljunction

04 Mar 2016

Strong demand was witnessed for G12 grade coal (GCV of 3,701-4,000 Kcal/kg)  as out of 1,340,000 tons offered by SECL, MCL and CCL for sale through the e-auction platform of coaljunction in February 2016, 880,490 tons got allotted at an average weighted price of Rs 1,117, according to data available with ICMW.

 

However, there was nil demand for 75,000 tons of G12 grade coal (GCV of 3,701-4,000 Kcal/kg) grade offered by CCL for sale through coaljunction in January 2016.

 

On the other hand, better demand was witnessed for a higher quantity of G12 grade coal offered by CCL and SECL for sale through coaljunction in December 2015 and the average weighted price also declined, according to data available with ICMW.

 

Out of the entire offered quantity of 330,000 tons of G12 grade on coaljunction in December 2015, a volume of 228,200 tons got allotted at a weighted average price of Rs 1,069 per ton.

 

Following are details of the e-auction of G12 grade coal in February 2016 on coaljunction

 

 

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 (%)

3701-4000

G12

STM

MCL

03-Feb-16

Samleswari

ROAD

          80,000

          79,990

               1,070

               1,284

                 1,285

                             20

                           0.07

3701-4000

G12

STM

MCL

03-Feb-16

Hingula

ROAD

          10,000

          10,000

               1,070

               1,284

                 1,294

                             21

                               1

3701-4000

G12

- 100mm

MCL

03-Feb-16

Bharatpur

ROAD

          50,000

          50,000

                 890

               1,068

                 1,121

                             26

                               5

3701-4000

G12

- 100mm

MCL

03-Feb-16

Ananta

ROAD

          80,000

          80,000

                 890

               1,068

                 1,303

                             46

                             22

3701-4000

G12

- 100mm

MCL

03-Feb-16

Kaniha

ROAD

        4,00,000

        4,00,000

                 890

               1,068

                 1,068

                             20

                           0.03

3701-4000

G12

ROM

SECL

10-Feb-16

Baroud OCM

ROAD

          50,000

          50,000

                 890

               1,068

                 1,077

                             21

                               1

3701-4000

G12

ROM

SECL

10-Feb-16

Jampali OC

ROAD

        2,00,000

          29,400

                 890

               1,068

                 1,068

                             20

                              -  

3701-4000

G12

ROM

SECL

24-Feb-16

Jampali OC

ROAD

        1,70,000

          41,100

                 890

               1,068

                 1,083

                             22

                               1

3701-4000

G12

ROM

SECL

24-Feb-16

Manikpur OC (Stock)

ROAD

        1,00,000

        1,00,000

                 890

               1,068

                 1,073

                             21

                           0.48

3701-4000

G12

ROM

CCL

26-Feb-16

AMRAPALI COAL SALES CENTRE (SM)

ROAD

        2,00,000

          40,000

                 890

               1,068

                 1,068

                             20

                              -  

3701-4000 Total

 

 

 

 

 

 

    13,40,000

      8,80,490