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High demand for mixed grades in November e-auction

08 Dec 2015

India Coal Market Watch

December 7: There was strong demand for mixed grades in November 2015 on coaljunction as out of the offered quantity of 87,300 tons by Western Coalfields (WCL), a quantity of 79,220 tons got allotted at a weighted average price of Rs 1,634 per ton, according to data available with ICMW.

 However, there was fair demand for mixed grades in October 2015 on coaljunction as out of the offered quantity of 175,800 tons by WCL, 87,300 tons got allotted at a weighted average price of Rs 3,352 per ton.

 There was better demand for mixed grades in September 2015 on coaljunction as out of the offered quantity of 181,600 tons by WCL, 132,520 tons got allotted at a weighted average price of Rs 2,860 per ton.

 Following are the details of e-auction of mixed grade coals in November 2015:

 

 

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Mode of Despatch

Ex Location

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 (%)

4601-5200

MIX

MIX

WCL

23-Nov-15

ROAD

PAONI OC

8,400

8,400

1,962

2,385

3,379

72

42

4901-5500

MIX

MIX

WCL

23-Nov-15

ROAD

DRC UG 4

1,500

1,500

2,290

2,748

2,752

20

0.14

4901-5500

MIX

MIX

WCL

23-Nov-15

ROAD

PADMAPUR OC

4,800

4,800

2,290

2,748

3,453

51

26

4601-5200

MIX

MIX

WCL

23-Nov-15

ROAD

Telwasa

2,000

2,000

1,962

2,355

3,769

92

60

4601-5200

MIX

MIX

WCL

23-Nov-15

ROAD

JUNA KUNADA

1,200

1,200

1,962

2,355

3,755

91

59

5501-5800

MIX

MIX

WCL

23-Nov-15

ROAD

Mathani

800

No Bid

2,706

3,248

NA

-

-

4601-5500

MIX

MIX

WCL

23-Nov-15

ROAD

SHIVPURI OC Patches

24,600

17,380

2,106

2,528

2,528

20

-

4901-5500

MIX

MIX

WCL

23-Nov-15

ROAD

UMRER OC

6,000

6,000

2,290

2,773

3,813

67

38

4901-5500

MIX

MIX

WCL

23-Nov-15

ROAD

MAKARDHOKRA I OC

2,000

2,000

2,290

2,748

3,434

50

25

4901-5800

MIX

MIX

WCL

23-Nov-15

ROAD

Niljai South

12,000

11,960

2,482

2,979

3,697

49

24

4901-5800

MIX

MIX

WCL

23-Nov-15

ROAD

NILJAI OC

24,000

23,980

2,482

2,979

3,554

43

19

MIX Total

 

 

 

 

 

 

87,300

79,220