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G4 grade coal sees fair demand in November e-auction

23 Dec 2015

India Coal Market Watch

December 23: Fair demand was noticed for G4 grade (GCV of 6,101-6,400 Kcal/kg) coal offered for allotment through the e-auction platform of MSTC in November 2015, as out of the entire offered quantity of 215,718 tons, only 101,450 tons got allotted at a weighted average price of Rs 4,495 per ton, as per data available with ICMW.

Meanwhile, poor demand was noticed for G4 grade coal offered for allotment through the e-auction platform of MSTC in October 2015, as out of the entire offered quantity of 50,768 tons, only 12,830 tons got allotted at a weighted average price of Rs 4,128 per ton.

 However, very poor demand was noticed for G4 grade offered for allotment through MSTC in September 2015, as out of the entire offered quantity of 1,918,810 tons, only 2,850 tons got allotted at a weighted average price of Rs 4,066 per ton.

 Following are details of e-auction of G4 grade coal on MSTC in November 2015: 

GCV Range

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)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

6101-6400

G4

STM

ECL

30-Nov-15

RAIL

PAW-I POCP-I I

                7,788

                    -  

                                    -  

                                    -  

                                    -  

                           -  

                           -  

6101-6400

G4

STM

ECL

30-Nov-15

ROAD

PARBELIA : : HIJULI ( R-V I )

                1,000

                1,000

                               3,670

                               3,670

                               5,512

                           50

                           50

6101-6400

G4

STM

ECL

30-Nov-15

ROAD

JAMBAD OCP::JAMBAD (R-VIII)

                7,000

                7,000

                               3,670

                               3,670

                               5,251

                           43

                           43

6101-6400

G4

STM

ECL

30-Nov-15

ROAD

Sonepur Bazari Project: :Chora(R-VI, Dobrana (R-V), Chinchuria (R-IV)

              25,000

              25,000

                               3,670

                               3,670

                               5,326

                           45

                           45

6101-6400

G4

STM

ECL

30-Nov-15

ROAD

Parascole ::Jambad (R-VIIIB)

                4,000

                4,000

                               3,670

                               3,670

                               5,516

                           50

                           50

6101-6400

G4

STM

ECL

30-Nov-15

ROAD

Sankarpur OCP:: Jambad (R-VIII)

              10,000

              10,000

                               3,670

                               3,670

                               3,688

                            1

                            1

6101-6400

G4

STM

ECL

30-Nov-15

ROAD

Pandaveswar : Dobrana(R-V )

                1,700

                1,700

                               3,670

                               3,670

                               3,927

                            7

                            7

6101-6400

G4

STM

ECL

30-Nov-15

ROAD

CHINAKURI-3 PIT : Borachak R-VIII

                1,250

                1,250

                               3,670

                               3,670

                               6,370

                           74

                           74

6101-6400

G4

STEAM

WCL

28-Nov-15

ROAD

GHORAWARI JHARNA (21/22)

                3,000

                1,310

                               3,670

                               3,695

                               3,697

                            1

                            0

6101-6400

G4

STM

ECL

28-Nov-15

RAIL

PAW-I I (PD)

            1,16,820

              19,470

                               3,670

                               3,670

                               3,670

                           -  

                           -  

6101-6400

G4

STM

ECL

28-Nov-15

ROAD

Madhabpur:: Sonachara (R-VIIIB)

                1,000

                1,000

                               3,670

                               3,670

                               4,852

                           32

                           32

6101-6400

G4

STM

ECL

28-Nov-15

ROAD

Naba Kajora:: Sonachara (R-VIIIB)

                1,000

                1,000

                               3,670

                               3,670

                               5,238

                           43

                           43

6101-6400

G4

STM

ECL

28-Nov-15

ROAD

Sonepur Bazari : Jambad (R-VIII)

              14,680

              12,390

                               3,670

                               3,670

                               3,671

                            0

                            0

6101-6400

G4

STM

ECL

28-Nov-15

ROAD

Narsamuda:: Narsamuda (R-X )

                1,750

                1,750

                               3,670

                               3,670

                               5,644

                           54

                           54

6101-6400

G4

STM

ECL

28-Nov-15

ROAD

Dhemomain:; Borachak (R-VIII)

                   500

                  500

                               3,670

                               3,670

                               5,081

                           38

                           38

6101-6400

G4

STM

ECL

28-Nov-15

ROAD

KALIDASPUR PROJECT: R IX(T&B)

                   500

                  500

                               3,670

                               3,670

                               4,379

                           19

                           19

6101-6400

G4

STM

ECL

28-Nov-15

ROAD

Bhanora West Block Mine:Sripur(R-VI)

                1,800

                1,800

                               3,670

                               3,670

                               4,911

                           34

                           34

6101-6400

G4

STM

ECL

28-Nov-15

ROAD

S.S.INCLINE: Sripur (R-VI)

                1,500

                1,500

                               3,670

                               3,670

                               6,048

                           65

                           65

6101-6400

G4

STM

SECL

23-Nov-15

ROAD

Mahamaya UG

                1,000

                  500

                               3,670

                               3,670

                               3,670

                           -  

                           -  

6101-6400

G4

n

CCL

27-Nov-15

ROAD

BHURKUNDA

                3,050

                3,050

                               3,670

                               3,670

                               4,891

                           33

                           33

6101-6400

G4

n

CCL

27-Nov-15

ROAD

BIRSA PROJECT

                9,150

                4,500

                               3,670

                               3,670

                               3,670

                           -  

                           -  

6101-6400

G4

n

CCL

27-Nov-15

ROAD

ARGADA

                   230

                  230

                               3,670

                               3,670

                               3,731

                            2

                            2

6101-6400

G4

n

CCL

21-Nov-15

ROAD

SIRKA

                2,000

                2,000

                               3,670

                               3,670

                               4,265

                           16

                           16

6101-6400 Total

 

 

 

 

 

 

          2,15,718

          1,01,450