G4 grade coal sees poor demand in October e-auction
24 Nov 2015
India Coal Market Watch
November 23: Poor 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 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, as per data available with ICMW.
However, very poor demand was noticed for G4 grade coal offered for allotment through the e-auction platform of 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.
Meanwhile, poor demand was noticed for G4 grade offered for allotment through the e-auction platform of MSTC in August 2015, as out of the entire offered quantity of 549,050 tons, only 22,190 tons got allotted at a weighted average price of Rs 4,220 per ton.
Following are details of e-auction of G4 grade coal on MSTC in October 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 |
ROM |
SECL |
29-Oct-15 |
ROAD |
Kumda 7&8 |
2,500 |
- |
- |
- |
- |
- |
- |
6101-6400 |
G4 |
STM |
ECL |
30-Oct-15 |
RAIL |
PAW-IPOCP-I I |
7,788 |
- |
- |
- |
- |
- |
- |
6101-6400 |
G4 |
STM |
ECL |
30-Oct-15 |
ROAD |
KALIDASPUR PROJ::GHUSICK A (R-IX A) |
500 |
500 |
3,670 |
3,670 |
3,906 |
6 |
6 |
6101-6400 |
G4 |
STM |
ECL |
30-Oct-15 |
ROAD |
Bhanora West Block Mine:Sripur(R-VI) |
1,200 |
1,200 |
3,670 |
3,670 |
5,092 |
39 |
39 |
6101-6400 |
G4 |
n |
CCL |
28-Oct-15 |
ROAD |
BHURKUNDA |
2,150 |
2,120 |
3,670 |
3,670 |
5,020 |
37 |
37 |
6101-6400 |
G4 |
n |
CCL |
28-Oct-15 |
ROAD |
BIRSA PROJECT |
9,000 |
5,690 |
3,670 |
3,670 |
3,670 |
- |
- |
6101-6400 |
G4 |
n |
CCL |
28-Oct-15 |
ROAD |
ARGADA |
630 |
220 |
3,670 |
3,670 |
3,670 |
- |
- |
6101-6400 |
G4 |
n |
CCL |
27-Oct-15 |
ROAD |
SIRKA |
2,000 |
2,000 |
3,670 |
3,670 |
4,107 |
12 |
12 |
6101-6400 |
G4 |
STM |
SECL |
19-Oct-15 |
ROAD |
Mahamaya UG |
1,000 |
1,000 |
3,670 |
3,670 |
3,984 |
9 |
9 |
6101-6400 |
G4 |
STM |
SECL |
19-Oct-15 |
ROAD |
Kapildhara (Bunker) |
12,000 |
100 |
3,670 |
3,670 |
3,670 |
- |
- |
6101-6400 |
G4 |
STM |
SECL |
19-Oct-15 |
ROAD |
Kurja UG (Bunker) |
9,000 |
- |
- |
- |
- |
- |
- |
6101-6400 |
G4 |
STEAM |
BCCL |
16-Oct-15 |
ROAD |
DOBARI |
3,000 |
- |
- |
- |
- |
- |
- |
6101-6400 Total |
|
|
|
|
|
50,768 |
12,830 |
|
|
|
|
|