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Coal news and updates

G6 grade realisations rise in March e-auction

07 Apr 2015

April 07: An extension of previous month’s trend was witnessed in the auction of G6 grade (GCV range 5,501-5,800 Kcal/kg) coal on coaljunction platform in March as nearly the entire offering of 58,550 tons was allotted at average weighted price of Rs 3448 per ton.

In February also, a strong demand was witnessed for this grade coal as the entire offered quantity of 59,440 tons of coal got allotted at a weighted average price of Rs 3,013/ton.

Similarly, very strong demand was witnessed for G6 grade coal offered by CIL’s subsidiaries on coaljunction’s e-auction platform in January 2015, as the entire offered quantity of 134,940 tons of coal got allotted at a weighted average price of Rs 3,445/ton.

Following are the details of e-auction of G6 grade coal during March 2015 on coaljunction platform:

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 (%)

WTD AVG

5501-5800

G6

STM

WCL

19-Mar-15

ROAD

Silewara UG

1,000

1,000

2,770

2,770

3,362

21

21

 

5501-5800

G6

STM

WCL

19-Mar-15

ROAD

SAONER UG II

3,300

3,300

2,770

2,770

3,231

17

17

 

5501-5800

G6

STM

WCL

19-Mar-15

ROAD

SAONER MINE NO. III

2,700

2,700

2,770

2,770

3,000

8

8

 

5501-5800

G6

ROM

SECL

20-Mar-15

ROAD

Kanchan OC (Stock)

12,000

12,000

2,150

2,150

3,416

59

59

 

5501-5800

G6

STM

SECL

20-Mar-15

ROAD

Pali

3,000

3,000

2,330

2,330

3,725

60

60

 

5501-5800

G6

SLK

SECL

20-Mar-15

ROAD

Pinoura

5,000

5,000

2,170

2,170

2,715

25

25

 

5501-5800

G6

STM

SECL

20-Mar-15

ROAD

Pinoura

7,000

7,000

2,330

2,330

3,198

37

37

 

5501-5800

G6

STM

SECL

20-Mar-15

ROAD

Piparia

2,000

2,000

2,330

2,330

3,454

48

48

 

5501-5800

G6

SLK

SECL

20-Mar-15

ROAD

Vindhya

2,000

2,000

2,170

2,170

2,988

38

38

 

5501-5800

G6

STM

SECL

20-Mar-15

ROAD

Vindhya

3,000

3,000

2,330

2,330

3,667

57

57

 

5501-5800

G6

STM

ECL

24-Mar-15

ROAD

DABOR OCP: : Salanpur A (B-II)

7,000

6,955

2,330

2,330

5,454

134

134

 

5501-5800

G6

STM

ECL

24-Mar-15

ROAD

BEJDIH::Sripur- R -VI

500

500

2,330

2,330

6,325

171

171

 

5501-5800

G6

STEAM

WCL

27-Mar-15

ROAD

SAONER UG I

2,950

2,950

2,770

2,770

2,893

4

4

 

5501-5800

G6

SLACK

WCL

27-Mar-15

ROAD

NEW MAJRI UG III

5,100

5,100

2,610

2,610

2,677

3

3

 

5501-5800

G6

ROM

CCL

27-Mar-15

ROAD

CHURI

2,000

2,000

2,150

2,150

2,155

0.21

0.21

 

5501-5800 Total

           

58,550

58,505

         

3,448