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G9 grade sees poor demand in February e-auction

04 Mar 2016

Poor demand was witnessed in the e-auction of G9 grade coal (GCV ranging between 4,601-4,900 Kcal/kg) on coaljunction in February 2016 as out of the entire offering of 508,090 tons by CCL and WCL, only 14,880 tons were allotted at a weighted average price of Rs 1,789 per ton, according to data available with ICMW

 

Similar kind of poor demand was witnessed in the e-auction of G9 grade coal on coaljunction in January 2016 as out of the entire offering of 155,000 tons by CCL, only 9,660 tons were allotted at a weighted average price of Rs 1,572 per ton.

 

Likewise, poor demand was witnessed in the e-auction of G9 grade on coaljunction in December 2015 as out of the entire offering of 245,000 tons by CCL and WCL, only 14,400 tons were allotted at a weighted average price of Rs 1,827 per ton.

 

Following are details of the e-auction of G9 grade on coaljunction in February 2016:

 

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 (%)

4601-4900

G9

ROM

CCL

26-Feb-16

PURNADIH

ROAD

          35,000

               700

               1,310

               1,572

                 1,572

                             20

                              -  

4601-4900

G9

ROM

CCL

26-Feb-16

MASILONG COAL SALES CENTRE, MAGADH

ROAD

        1,00,000

            6,170

               1,310

               1,572

                 1,574

                             20

                           0.12

4601-4900

G9

ROM

CCL

26-Feb-16

CSC BELTHARWA

ROAD

          30,000

 No Bid

               1,310

               1,572

                      -  

                             -  

                              -  

4601-4900

G9

CRUROM

WCL

29-Feb-16

Sasti OC

ROAD

          24,700

            2,590

               1,570

               1,974

                 1,974

                             26

                              -  

4601-4900

G9

CRUROM

WCL

29-Feb-16

Gouri CHP

ROAD

          26,400

            1,760

               1,570

               1,974

                 1,974

                             26

                              -  

4601-4900

G9

CRUROM

WCL

29-Feb-16

GONDEGAON PROJECT

ROAD

          20,500

               600

               1,570

               1,974

                 1,974

                             26

                              -  

4601-4900

G9

CRUROM

WCL

29-Feb-16

URDHAN (Cost Plus)

ROAD

          14,490

            3,060

               1,884

               1,974

                 1,974

                               5

                              -  

4601-4900

G9

CRUROM

WCL

29-Feb-16

UKNI OC (Cost plus)

ROAD

          45,000

 No Bid

               2,686

               2,776

                      -  

                             -  

                              -  

4601-4900

G9

CRUROM

WCL

29-Feb-16

SASTI SIDING

RAIL

        1,20,000

 No Bid

               1,570

               1,884

                      -  

                             -  

                              -  

4601-4900

G9

CRUROM

WCL

29-Feb-16

BHARAT OC THROUGH HIRDAGARH SIDING

RAIL

          68,000

 No Bid

               1,570

               1,884

                      -  

                             -  

                              -  

4601-4900

G9

CRUROM

WCL

29-Feb-16

BG SIDING

RAIL

          24,000

 No Bid

               1,570

               1,884

                      -  

                             -  

                              -  

4601-4900 Total

 

 

 

 

 

 

      5,08,090

         14,880