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Low demand for G4 grade in March on coaljunction

04 Apr 2016

Low demand was witnessed for G4 grade coal (GCV between 6,101 and 6,400 Kcal/kg) grade in March 2016, as out of the entire quantity of 120,910 tons offered by South Eastern Coalfields Limited (SECL), Western Coalfield Limited (WCL), Eastern Coalfields Limited (ECL) and Central Coalfields (CCL), a volume of 28,760 tons got allotted at a weighted average price of Rs 3,936 per ton, according to data available with ICMW.

 

However, poor demand was witnessed for G4 grade coal grade in February 2016, as out of the entire quantity of 118,206 tons offered by SECL, North Eastern Coalfield (NEC), ECL and CCL, a volume of 22,435 tons got allotted at a weighted average price of Rs 3,948 per ton.

 

Low demand was witnessed for G4 grade coal in the month of January 2016, as out of the entire quantity of 256,340 tons offered by SECL, Bharat Coking Coal Limited (BCCL), ECL and CCL, a volume of 65,536 tons got allotted at a weighted average price of Rs 4,160 per ton.

 

Following table provides details of e-auction of G4 grade offering on coaljunction in March 2016:

 

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 (%)

6101-6400

G4

STM

SECL

08-Mar-16

ROAD

BAGDEVA

           30,000

 No Bid

               3,670

               3,670

 NA

                             -  

                              -  

6101-6400

G4

STM

WCL

15-Mar-16

ROAD

GHORAWARI JHARNA(21/22)

             5,000

            1,500

               3,670

               3,695

                 3,695

                               1

                              -  

6101-6400

G4

ROM

SECL

28-Mar-16

ROAD

Mahamaya UG

           10,000

               900

               3,490

               3,490

                 3,490

                             -  

                              -  

6101-6400

G4

STM

SECL

28-Mar-16

ROAD

BAGDEVA

           30,000

 No Bid

               3,670

               3,670

 NA

                             -  

                              -  

6101-6400

G4

STM

WCL

29-Mar-16

ROAD

GHORAWARI JHARNA(21/22)

             3,500

               180

               3,670

               3,695

                 3,704

                               1

                           0.24

6101-6400

G4

 

CCL

29-Mar-16

ROAD

KARMA

             2,050

            2,050

               3,670

               3,670

                 4,156

                             13

                             13

6101-6400

G4

 

CCL

29-Mar-16

ROAD

SIRKA

             2,000

            2,000

               3,670

               3,670

                 3,751

                               2

                               2

6101-6400

G4

ROM

CCL

29-Mar-16

ROAD

CHURI

                210

 No Bid

               3,490

               3,490

 NA

                             -  

                              -  

6101-6400

G4

 

CCL

29-Mar-16

ROAD

BHURKUNDA (SANGAM)

                650

               650

               3,670

               3,670

                 4,946

                             35

                             35

6101-6400

G4

STM

ECL

31-Mar-16

ROAD

Patmohna Pit::Borachak( R-VIII)

             1,250

            1,250

               3,670

               3,670

                 4,224

                             15

                             15

6101-6400

G4

STM

ECL

31-Mar-16

ROAD

PARBELIA: :Hijuli- R-VIII

             1,000

            1,000

               3,670

               3,670

                 4,159

                             13

                             13

6101-6400

G4

STM

ECL

31-Mar-16

ROAD

BHANORA W.B. MINE :Sripur R-VI

             1,500

               910

               3,670

               3,670

                 3,670

                             -  

                              -  

6101-6400

G4

STM

ECL

31-Mar-16

ROAD

Sankarpur OCP:: Jambad (R-VIII)

             9,600

               692

               3,670

               3,670

                 3,670

                             -  

                              -  

6101-6400

G4

STM

ECL

31-Mar-16

ROAD

KALIDASPUR PROJECT:GHUSICK A ( R IX A)

                780

               208

               3,670

               3,670

                 3,670

                             -  

                              -  

6101-6400

G4

STM

ECL

31-Mar-16

ROAD

SONEPUR BAZARI PROJECT: Chora(R-VI, Dobrana (R-V), Chinchuria (R-IV)

           15,000

           15,000

               3,670

               3,670

                 3,978

                               8

                               8

6101-6400

G4

STM

ECL

31-Mar-16

ROAD

Pandaveswar : Dobrana(R-V )

             2,870

               650

               3,670

               3,670

                 3,670

                             -  

                              -  

6101-6400

G4

STM

ECL

31-Mar-16

ROAD

Amritnagar:: Bogra (R-VI)

             1,500

               460

               3,670

               3,670

                 3,670

                             -  

                              -  

6101-6400

G4

STM

ECL

31-Mar-16

ROAD

North Searsole OCP::Kenda Bottom (R-V)

             4,000

            1,310

               3,670

               3,670

                 3,670

                          0.01

                           0.01

6101-6400 Total

 

 

 

 

 

 

        120,910

         28,760