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G9 grade coal sees moderate demand in Nov e-auction

23 Dec 2015

India Coal Market Watch

December 23: Moderate demand was witnessed for the 100,300 tons of G9 grade (GCV 4,601 to 4,900 Kcal/kg) coal offered by CIL subsidiaries through the MSTC platform in November 2015 as out of this entire offered quantity of 228,950 tons, 81,470 tons got allotted at a weighted average price of Rs 2,064 per ton, as per data available with ICMW

Similar kind of moderate demand was witnessed for the 100,300 tons of G9 grade coal offered by CIL subsidiaries through MSTC in October 2015 as out of this entire offered quantity, 32,940 tons got allotted at a weighted average price of Rs 1,575 per ton.

Similar demand was witnessed for the 300,000 tons of G9 grade coal offered by CIL subsidiaries through MSTC in September 2015 as out of this entire offered quantity, 210,140 tons got allotted at a weighted average price of Rs 1,636 per ton.

Following are the details of G9 grade e-auction 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 (%)

4601-4900

G9

CRUROM

WCL

28-Nov-15

ROAD

URDHAN (COST PLUS)

              40,000

              34,580

                               1,884

                               1,974

                               1,974

                            5

                           -  

4601-4900

G9

CRUROM

WCL

28-Nov-15

ROAD

UKNI OC (Cost Plus)

              20,000

                5,050

                               2,686

                               2,776

                               2,776

                            3

                           -  

4601-4900

G9

CRUROM

WCL

28-Nov-15

ROAD

GHONSA OC

                9,800

                9,800

                               1,570

                               1,974

                               2,200

                           40

                           11

4601-4900

G9

CRUROM

WCL

28-Nov-15

ROAD

PIMPALGAON OC

              17,000

              17,000

                               1,570

                               1,974

                               2,266

                           44

                           15

4601-4900

G9

CRUROM

WCL

28-Nov-15

ROAD

SASTI OC

                2,100

                2,100

                               1,570

                               1,974

                               2,283

                           45

                           16

4601-4900

G9

CRUROM

WCL

28-Nov-15

ROAD

GOURI CHP

                   900

                  900

                               1,570

                               1,974

                               2,323

                           48

                           18

4601-4900

G9

ROM

CCL

21-Nov-15

ROAD

PIPARWAR Coal Dump

            1,39,150

              12,040

                               1,310

                               1,572

                               1,572

                           20

                           -  

4601-4900 Total

 

 

 

 

 

 

          2,28,950

             81,470