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Coal news and updates

G6 grade coal sees moderate demand in May e-auction

04 Jun 2014

June 4: There was fair amount of demand for G-6 grade coal (GCV range 5,501-5,800 Kcal/kg) on the coaljunction e-auction platform in May, with as much as 99.82% of the offered quantity getting allotted.

During May 2014, out of 156,220 tons of G-6 grade coal offered, 145,000 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 3,491/ton.

In comparison to May, even stronger demand was witnessed in April as out of 140,400 tons of G-6 grade coal offered, 140,150 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 3,306/ton.

In March, however, out of 291,110 tons of G6 grade coal offered, 213,120 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 3,023/ton.

Following are the details of e-auction of G-6 grade coal during the month of May 2014:


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 (%)

5501-5800

G6

STM

NCL

15-May-14

Krishnasila

Road

15,000

15,000

2,330

2,330

4,309

85

85

5501-5800

G6

ROM

SECL

19-May-14

Gayatri UG

Road

13,000

13,000

2,150

2,150

3,572

66

66

5501-5800

G6

SLK

SECL

19-May-14

Rehar UG

Road

6,000

6,000

2,170

2,170

3,342

54

54

5501-5800

G6

STM

SECL

19-May-14

Rehar UG

Road

4,000

4,000

2,330

2,330

4,907

111

111

5501-5800

G6

STM

SECL

19-May-14

AMADAND OC

Road

13,000

13,000

2,330

2,330

4,667

100

100

5501-5800

G6

SLK

SECL

19-May-14

Jamuna 1/2

Road

1,000

1,000

2,170

2,170

2,579

19

19

5501-5800

G6

STM

WCL

23-May-14

SILEWARA

Road

1,000

1,000

2,770

2,770

4,515

63

63

5501-5800

G6

STM

WCL

23-May-14

Saoner U/G I

Road

6,000

6,000

2,770

2,770

3,251

17

17

5501-5800

G6

STM

WCL

23-May-14

Saoner U/G II

Road

8,000

8,000

2,770

2,770

3,138

13

13

5501-5800

G6

STM

WCL

23-May-14

Saoner U/G III

Road

7,000

7,000

2,770

2,770

3,203

16

16

5501-5800

G6

STM

WCL

23-May-14

PATANSAONGI

Road

6,000

6,000

2,770

2,770

3,113

12

12

5501-5800

G6

STM

WCL

23-May-14

Tawa

Road

500

500

2,835

2,835

3,327

17

17

5501-5800

G6

STM

WCL

23-May-14

Tawa II

Road

2,250

2,250

2,835

2,835

3,602

27

27

5501-5800

G6

STM

SECL

28-May-14

Dhanpuri OC (D Sector Stock)

Road

6,000

6,000

2,330

2,330

4,364

87

87

5501-5800

G6

STM

ECL

29-May-14

DABOR OCP: : Salanpur A (B-II)

Road

7,000

7,000

2,330

2,330

3,555

53

53

5501-5800

G6

STM

ECL

29-May-14

SLS -1

Rail

19,470

19,470

2,330

2,330

2,626

13

13

5501-5800

G6

 

CCL

29-May-14

CHURI

Road

5,000

5,000

2,330

2,330

2,573

10

10

5501-5800

G6

MIX

WCL

21-May-14

Sasti UG

Road

13,500

13,500

2,721

2,721

3,350

23

23

5501-5800

G6

MIX

WCL

21-May-14

Nehariya UG

Road

15,000

3,780

2,706

2,706

2,706

-

-

5501-5800

G6

MIX

WCL

21-May-14

Mathani

Road

3,500

3,500

2,706

2,706

2,844

5

5

5501-5800

G6

MIX

WCL

21-May-14

THESGORA UG

Road

4,000

4,000

2,706

2,706

2,923

8

8

5501-5800 Total

           

156,220

145,000