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High demand for G8 in Nov e-auction on other platform

23 Dec 2015

India Coal Market Watch

December 23: Strong demand was witnessed for G8 grade (GCV 4,901 to 5,200 Kcal/kg) coal offered on the MSTC platform by CIL subsidiaries in November 2015 as out of the offered quantity of 346,160 tons, 207,880 tons got allotted at a weighted average price of Rs 2,125 per ton, as per data available with ICMW.

However, fair demand was witnessed for G8 grade offered on MSTC by CIL subsidiaries in October 2015 as out of the offered quantity of 354,440 tons, 187,920 tons got allotted at a weighted average price of Rs 2,253 per ton.

Similar kind of demand was witnessed for G8 grade coal offered on MSTC by CIL subsidiaries in September 2015 as out of the offered quantity of 300,000 tons, 139,940 tons got allotted at a weighted average price of Rs 2,142 per ton.

Following are details of G8 grade coal e-auction on MSTC 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 (%)

4901-5200

G8

STM

ECL

30-Nov-15

ROAD

RAJMAHAL OCP : Seam III, II & Comb, III & II Top, II Top & II Bottom

              12,620

                9,840

                               2,260

                               2,712

                               2,712

                           20

                           -  

4901-5200

G8

CRUROM

WCL

28-Nov-15

ROAD

NILJAI SOUTH

                2,600

                2,600

                               2,030

                               2,526

                               2,538

                           25

                            0

4901-5200

G8

n

NCL

30-Nov-15

RAIL

Krishnashila (Bina Wharfwali)

              38,940

              38,940

                               1,690

                               2,028

                               2,030

                           20

                            0

4901-5200

G8

n

NCL

30-Nov-15

ROAD

Bina

              15,000

              15,000

                               1,870

                               2,244

                               2,824

                           51

                           26

4901-5200

G8

ROM

SECL

23-Nov-15

ROAD

Baroud OCM

            1,20,000

           1,20,000

                               1,690

                               2,028

                               2,028

                           20

                            0

4901-5200

G8

n

CCL

27-Nov-15

ROAD

KATHARA W. REJECTS (HEAP NO.18B)

                7,000

                    -  

                                    -  

                                    -  

                                    -  

                           -  

                           -  

4901-5200

G8

n

CCL

21-Nov-15

ROAD

GIDI-C

              10,000

                  500

                               1,690

                               2,028

                               2,028

                           20

                           -  

4901-5200

G8

n

CCL

21-Nov-15

ROAD

KARO OCP

            1,00,000

              21,000

                               1,690

                               2,028

                               2,028

                           20

                           -  

4901-5200

G8

Steam

MCL

19-Nov-15

ROAD

HBI

              40,000

                    -  

                                    -  

                                    -  

                                    -  

                           -  

                           -  

4901-5200 Total

 

 

 

 

 

 

          3,46,160

          2,07,880