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New UserG3 meets with vey strong demand in March on coaljunction
04 Apr 2016
There was very strong demand for 32,500 tons of G3 grade coal (GCV between 6,401 and 6,700 Kcal/kg) offered by Central Coalfields Limited (CCL) and Eastern Coalfields Limited (ECL) for allotment through coaljunction in March 2016, as 27,895 tons got allotted at a weighted average price of Rs 4,440 per ton, as per data available with ICMW.
However, 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 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.
On the other hand, 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.
Following table provides details of the e-auction of G3 grade coal on coaljunction in March 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) |
Notified Price (in Rs./Ton) |
Reserve Price (in Rs./Ton) |
Average Price (in Rs./Ton) |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
|
6401-6700 |
G3 |
|
CCL |
29-Mar-16 |
ROAD |
SAUNDA |
500 |
100 |
4,070 |
4,070 |
4,070 |
- |
- |
|
6401-6700 |
G3 |
STM |
ECL |
31-Mar-16 |
ROAD |
BANSRA: : (Kenda R-VI ) |
5,000 |
2,205 |
4,070 |
4,070 |
4,070 |
- |
- |
|
6401-6700 |
G3 |
STM |
ECL |
31-Mar-16 |
ROAD |
Kunustoria::Kenda ( RV/VI ) |
2,000 |
590 |
4,070 |
4,070 |
4,072 |
0.04 |
0.04 |
|
6401-6700 |
G3 |
STM |
ECL |
31-Mar-16 |
ROAD |
CHITRA-A OC::Saharjori / Patrika |
25,000 |
25,000 |
4,070 |
4,070 |
4,483 |
10 |
10 |
|
6401-6700 Total |
|
|
|
|
|
|
32,500 |
27,895 |
|
|
|
|
|