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G5 grade coal sees fair demand in December e-auction

07 Jan 2016

Fair demand was witnessed for G5 grade coal (GCV range of 5,801 to 6,100 Kcal/kg) in the December 2015 spot e-auction on coaljunction as out the total quantity of 177,000 tons offered by South Eastern Coalfields Limited (SECL), Eastern Coalfields Limited (ECL) and Central Coalfields (CCL), 124,290 got allotted at a weighted average price of Rs 2,878 per ton, according to data available with ICMW.

 

Meanwhile, fair demand was also witnessed for G5 grade coal in the November 2015 spot e-auction on coaljunction as out the total quantity of 200,150 tons offered by SECL and CCL, 51,400 got allotted at a weighted average price of Rs 2,913 per ton.

 

However, poor demand was witnessed for G5 grade coal in the October 2015 spot e-auction on coaljunction as out the total quantity of 441,650 tons offered by Eastern Coalfields and Northern Coalfields, 26,000 got allotted at a weighted average price of Rs 3,609 per ton.

 

Following are details of G5 grade e-auction on coaljunction during December 2015:
 

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Mode of Despatch

Ex Location

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 (%)

5801-6100

G5

ROM

SECL

11-Dec-15

Mahan II OC

ROAD

            40,000

             36,700

                  2,800

                  2,800

                     2,800

                                -  

                                 -  

5801-6100

G5

ROM

SECL

11-Dec-15

Rani Atari (Stock)

ROAD

            30,000

               2,050

                  2,800

                  2,800

                     2,800

                                -  

                                 -  

5801-6100

G5

ROM

SECL

24-Dec-15

Vijay West (Stock)

ROAD

            30,000

             30,000

                  2,800

                  2,800

                     2,800

                            0.001

                            0.001

5801-6100

G5

SLK

SECL

24-Dec-15

BAGDEVA

ROAD

            14,000

             14,000

                  2,820

                  2,820

                     2,820

                                -  

                                 -  

5801-6100

G5

SLK

SECL

24-Dec-15

Banki

ROAD

              4,000

 No Bid

                  2,820

                  2,820

 NA

                                -  

                                 -  

5801-6100

G5

STM

SECL

24-Dec-15

Banki

ROAD

              3,000

               1,400

                  2,980

                  2,980

                     2,980

                                -  

                                 -  

5801-6100

G5

STM

SECL

24-Dec-15

Dhelwadih

ROAD

              7,000

 No Bid

                  2,980

                  2,980

 NA

                                -  

                                 -  

5801-6100

G5

ROM

SECL

24-Dec-15

Rajgamar 4&5

ROAD

            10,000

             10,000

                  2,800

                  2,800

                     3,209

                                15

                                 15

5801-6100

G5

SLK

SECL

24-Dec-15

Singhali

ROAD

            12,000

             12,000

                  2,820

                  2,820

                     2,820

                                -  

                                 -  

5801-6100

G5

STM

SECL

24-Dec-15

Singhali

ROAD

            14,000

             12,700

                  2,980

                  2,980

                     2,980

                                -  

                                 -  

5801-6100

G5

STM

SECL

24-Dec-15

Khairha UG (Bunker)

ROAD

              2,500

 No Bid

                  2,980

                  2,980

 NA

                                -  

                                 -  

5801-6100

G5

STM

ECL

28-Dec-15

Dhemomain:; Sripur(R-VI)

ROAD

              1,000

               1,000

                  2,980

                  2,980

                     3,580

                                20

                                 20

5801-6100

G5

STM

ECL

28-Dec-15

BANSRA:Purandip(R-V II)

ROAD

              1,000

               1,000

                  2,980

                  2,980

                     4,004

                                34

                                 34

5801-6100

G5

 

CCL

29-Dec-15

KARO OCP

ROAD

              8,500

               3,440

                  2,980

                  2,980

                     2,980

                                -  

                                 -  

5801-6100 Total

 

 

 

 

 

 

        1,77,000

         1,24,290