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Good demand for G7 grade in Feb on coaljunction

04 Mar 2016

Good demand was witnessed in the e-auction of G7 grade (GCV ranging from 5,201 to 5,500 Kcal/kg) coal on coaljunction in February 2016 as out of the entire offering of 164,900 tons by SECL, MCL and CCL, a volume of 69,110 tons got allotted at a weighted average price of Rs 2,350 per ton, according to data available with ICMW.

 

Similar kind of good demand was witnessed in the e-auction of G7 grade on coaljunction in January 2016 as out of the entire offering of 107,550 tons by SECL and CCL, a volume of 67,990 tons got allotted at a weighted average price of Rs 2,401 per ton.

 

However, good demand was witnessed in the auction of G7 grade on coaljunction in December 2015 as out of the entire offering of 163,450 tons by WCL, SECL and CCL, a volume of 70,770 tons got allotted at a weighted average price of Rs 2,405 per ton.

 

Following are details of the e-auction of G7 grade coal in February 2016 on coaljunction:

 

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 (%)

5201-5500

G7

STM

MCL

03-Feb-16

Orient-4

ROAD

            4,000

               100

               2,070

               2,484

                 2,484

                             20

                              -  

5201-5500

G7

SLK

SECL

10-Feb-16

Bangwar UG (Bunker)

ROAD

            4,000

               100

               1,910

               2,292

                 2,292

                             20

                              -  

5201-5500

G7

ROM

SECL

10-Feb-16

Sharda (High Wall) (Stock)

ROAD

          45,000

          19,550

               1,890

               2,268

                 2,268

                             20

                              -  

5201-5500

G7

STM

SECL

24-Feb-16

Bangwar UG (Bunker)

ROAD

            2,500

            2,500

               2,070

               2,484

                 2,721

                             31

                             10

5201-5500

G7

ROM

SECL

24-Feb-16

Sharda (High Wall) (Stock)

ROAD

          25,000

          10,200

               1,890

               2,268

                 2,268

                             20

                           0.01

5201-5500

G7

 

CCL

26-Feb-16

RAJRAPPA-SLURRY

ROAD

          50,000

          18,460

               1,890

               2,268

                 2,268

                             20

                              -  

5201-5500

G7

 

CCL

26-Feb-16

KATHARA W. SLURRY (SLURRY POND HEAP NO.6)

ROAD

            8,000

            5,140

               1,890

               2,268

                 2,268

                             20

                           0.02

5201-5500

G7

 

CCL

26-Feb-16

GIRIDIH

ROAD

          10,000

          10,000

               2,070

               2,484

                 2,649

                             28

                               7

5201-5500

G7

 

CCL

26-Feb-16

GIDI-C

ROAD

          16,400

            3,060

               2,070

               2,484

                 2,484

                             20

                              -  

5201-5500 Total

 

 

 

 

 

 

      1,64,900

         69,110