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G3 grade sees poor demand in Jan on other platform

25 Feb 2016

Poor 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 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, as per data available with ICMW.

 

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.

 

However, very strong demand was witnessed for G3 grade coal offered via MSTC in November 2015 as out of the entire offered quantity of 71,250 tons, 58,400 tons got allotted but at a weighted average price of Rs 4,468 per ton.

 

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

 

Grade

Grade

Size

Company Name

Event Date

Mode

Colliery

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)

(TNP)Total Notified Price (in Rs)

(TRP) Total Reserve Price (In Rs)

6401-6700

G3

STM

ECL

29-Jan-16

RAIL

UKA-I I (KK)

                15,576

                15,576

                             4,070

                             4,070

                             4,143

                               2

                               2

6401-6700

G3

STM

ECL

29-Jan-16

ROAD

CHITRA OCP::COLONY

                19,210

                  8,280

                             4,070

                             4,070

                             4,070

                              -  

                              -  

6401-6700

G3

n

CCL

25-Jan-16

ROAD

SAUNDA

                    600

                    600

                             4,070

                             4,070

                             4,767

                             17

                             17

6401-6700

G3

ROM

SECL

21-Jan-16

ROAD

Haldibari (Bunker)

                10,000

                      -  

                                  -  

                                  -  

                                  -  

                              -  

                              -  

6401-6700

G3

SLK

SECL

12-Jan-16

RAIL

Churcha Siding

                31,152

                      -  

                                  -  

                                  -  

                                  -  

                              -  

                              -  

6401-6700

G3

STM

SECL

12-Jan-16

RAIL

Churcha Siding

                46,728

                      -  

                                  -  

                                  -  

                                  -  

                              -  

                              -  

6401-6700

G3

ROM

SECL

12-Jan-16

RAIL

Rajnagar RO Siding

                77,880

                      -  

                                  -  

                                  -  

                                  -  

                              -  

                              -  

6401-6700 Total

 

 

 

 

 

 

            2,01,146

               24,456

 

 

 

 

 

Source: ICMW