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G3 grade sees low demand in Feb on other platform

01 Apr 2016

Low demand was witnessed for G3 grade (GCV ranging from 6,401-6,700 Kcal/Kg) coal offered for allotment via MSTC’s e-auction platform in February 2016 as out of the entire offered quantity of 143,556 tons, 42,494 tons got allotted at a weighted average price of Rs 4,249 per ton, as per data available with ICMW.

Poor demand was witnessed for G3 grade coal offered for allotment via MSTC’s e-auction platform in January 2016 as out of the entire offered quantity of 201,146 tons, 24,456 tons got allotted at a weighted average price of Rs 4,133 per ton.

However, low demand was witnessed for G3 grade coal offered for allotment via MSTC in December 2015 as out of the entire offered quantity of 1,22,226 tons, 33,766 tons got allotted at a weighted average price of Rs 4,219 per ton.

Following are details of G3 grade e-auctions on MSTC in February 2016:
 

GCV Range

Grade / GCV Band

Size

Name of the client

Event Date

Mode of Despatch

Ex Location

Qty offered    (In tons)

Qty Alloted          (In tons)

(ANP)Average Notified Price (in Rs)

(ARP)Average Reserve Price (In Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

6401-6700

G3

STM

ECL

29-Feb-16

RAIL

UKA-I I (KK)

           15,576

            3,894

                             4,070

                              4,070

                                4,070

                             -  

                              -  

6401-6700

G3

STM

ECL

29-Feb-16

ROAD

CHITRA OCP::COLONY

           17,000

            7,590

                             4,070

                              4,070

                                4,070

                             -  

                              -  

6401-6700

G3

STM

ECL

26-Feb-16

ROAD

Bansra:: Kenda (R-VI)

             5,000

            3,800

                             4,070

                              4,070

                                4,070

                             -  

                              -  

6401-6700

G3

STM

ECL

26-Feb-16

ROAD

Kunustoria::Kenda ( RV/VI )

             2,000

            1,450

                             4,070

                              4,070

                                4,070

                               0

                               0

6401-6700

G3

STM

ECL

26-Feb-16

ROAD

CHITRA-A OC: :Saharjori / Patrika

           19,000

           19,000

                             4,070

                              4,070

                                4,321

                               6

                               6

6401-6700

G3

STM

ECL

26-Feb-16

ROAD

Khaskajora::Lower Kajora(R-VIIIT)

             2,500

            2,500

                             4,070

                              4,070

                                4,157

                               2

                               2

6401-6700

G3

STM

ECL

26-Feb-16

ROAD

JAMBAD : Kenda (R-VI)

             4,000

            4,000

                             4,070

                              4,070

                                4,729

                             16

                             16

6401-6700

G3

n

CCL

24-Feb-16

ROAD

SAUNDA

                600

               260

                             4,070

                              4,070

                                4,070

                             -  

                              -  

6401-6700

G3

STM

SECL

9-Feb-16

RAIL

Churcha Siding

           77,880

                 -  

                                 -  

                                  -  

                                     -  

                             -  

                              -  

6401-6700 Total

 

 

 

 

 

 

        143,556

         42,494