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Good demand for G7 grade in Feb on coaljunction

04 Apr 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 March 2016 as out of the entire offering of 182,750 tons by SECL and WCL, a volume of 88,070 tons got allotted at a weighted average price of Rs 2,569 per ton, according to data available with ICMW.

 

Likewise, Good demand was witnessed in the e-auction of G7 grade coal on coaljunction in February 2016 as out of the entire offering of 164,900 tons by MCL, SECL and CCL, a volume of 69,110 tons got allotted at a weighted average price of Rs 2,350 per ton.

 

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.

 

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

 

GCV Range

Grade / GCV Band

Size

Name of the client

Event Date

Mode of Despatch

Ex Location

Qty offered    (in Tons)

Qty Alloted          (in Tons)

Notified Price (in Rs./Ton)

Reserve Price (in Rs./Ton)

Average Price (in Rs./Ton)

 % Increase over Notified Price (%)

 % Increase Over Reserve Price (%)

5201-5500

G7

SLK

SECL

08-Mar-16

ROAD

Bangwar UG (Bunker)

           10,000

 No Bid

               1,910

               2,292

 NA

                             -  

                              -  

5201-5500

G7

STM

SECL

08-Mar-16

ROAD

Bangwar UG (Bunker)

             4,000

            4,000

               2,070

               2,484

                 2,491

                             20

                           0.29

5201-5500

G7

ROM

SECL

08-Mar-16

ROAD

Sharda (High Wall) (Stock)

           50,000

            5,500

               1,890

               2,268

                 2,268

                             20

                              -  

5201-5500

G7

STM

WCL

15-Mar-16

ROAD

UMRER OC

             2,500

            2,500

               2,450

               2,965

                 3,379

                             38

                             14

5201-5500

G7

STM

WCL

15-Mar-16

ROAD

Silewara AB

             1,750

            1,750

               2,450

               2,940

                 3,414

                             39

                             16

5201-5500

G7

SLK

WCL

15-Mar-16

ROAD

Tawa II

             5,500

            5,500

               2,290

               2,748

                 3,591

                             57

                             31

5201-5500

G7

SLK

WCL

15-Mar-16

ROAD

Tawa

             4,000

            2,970

               2,290

               2,748

                 2,748

                             20

                              -  

5201-5500

G7

STM

WCL

21-Mar-16

ROAD

MANA

                500

               500

               2,450

               2,940

                 3,775

                             54

                             28

5201-5500

G7

ROM

SECL

28-Mar-16

ROAD

Amgaon OC ( Stock)

           60,000

           60,000

               1,890

               2,268

                 2,458

                             30

                               8

5201-5500

G7

ROM

SECL

28-Mar-16

ROAD

Sharda (High Wall) (Stock)

           44,500

            5,350

               1,890

               2,268

                 2,268

                             20

                              -  

5201-5500 Total

 

 

 

 

 

 

        182,750

         88,070