G3 meets with poor demand in Feb on coaljunction
03 Mar 2016
There was poor demand for 33,150 tons of G3 grade coal (GCV between 6,401 and 6,700 Kcal/kg) offered by South Eastern Coalfields Limited (SECL) and Eastern Coalfields Limited (ECL) for allotment through coaljunction in February 2016, as 5,473 tons got allotted at a weighted average price of Rs 4,136 per ton, as per data available with ICMW.
However, there was strong demand for 53,600 tons of G3 grade coal offered by SECL, ECL and Central Coalfields Limited (CCL) for allotment through coaljunction in January 2016, as 43,060 tons got allotted at a weighted average price of Rs 4,347 per ton.
However, there was strong demand for 49,900 tons of G3 grade coal offered by ECL and CCL for allotment through coaljunction in December 2015, out of which 37,482 tons got allotted at a weighted average price of Rs 4,703 per ton.
Following table provides details of the e-auction of G3 grade coal on coaljunction in February 2016:
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 (%) |
6401-6700 |
G3 |
ROM |
SECL |
24-Feb-16 |
Haldibari (Bunker) |
ROAD |
10,000 |
No Bid |
3,890 |
3,890 |
- |
- |
- |
6401-6700 |
G3 |
STM |
SECL |
24-Feb-16 |
AMADAND UG |
ROAD |
1,500 |
1,500 |
4,070 |
4,070 |
4,208 |
3 |
3 |
6401-6700 |
G3 |
STM |
ECL |
24-Feb-16 |
CENTRAL KAJORA : Lower Kajora R-VIII T |
ROAD |
2,500 |
1,673 |
4,070 |
4,070 |
4,070 |
- |
- |
6401-6700 |
G3 |
STM |
ECL |
24-Feb-16 |
NINGHA:Dishergarh(R-IV) |
ROAD |
500 |
500 |
4,070 |
4,070 |
4,383 |
8 |
8 |
6401-6700 |
G3 |
|
CCL |
26-Feb-16 |
RELIGARA |
ROAD |
18,650 |
1,800 |
4,070 |
4,070 |
4,070 |
- |
- |
6401-6700 Total |
|
|
|
|
|
|
33,150 |
5,473 |
|
|
|
|
|