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Low demand for G7 in January on other platform

25 Feb 2016

There was low demand for G7 grade (GCV ranging from 5,201 to 5,500 Kcal/kg) coal offered by subsidiaries of CIL for allotment through MSTC during January 2016 as out of the entire offered quantity of 68,000 tons, 16,600 tons got allotted at a weighted average price of Rs 2,912 per ton, as per data available with ICMW.

 

However, there was strong demand for G7 grade coal offered by subsidiaries of CIL for allotment through MSTC during December 2015 as the out of entire offered quantity of 24,900 tons, 16,510 tons got allotted at a weighted average price of Rs 2,466 per ton.

 

There was poor demand for G7 grade offered by subsidiaries of CIL through MSTC during November 2015 as the out of entire offered quantity of 312,410 tons, merely 31,342 tons got allotted at a weighted average price of Rs 2,280 per ton.

 

Following are details of e-auction of G7 grade on MSTC in January 2016:

 

Grade

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)

(TNP)Total Notified Price (in Rs)

(TRP) Total Reserve Price (In Rs)

5201-5500

G7

SLK

SECL

21-Jan-16

ROAD

Bangwar UG (Bunker)

                  4,000

                    300

                             1,910

                             2,292

                             2,292

                             20

                              -  

5201-5500

G7

STEAM

WCL

20-Jan-16

ROAD

SILEWARA AB

                  1,500

                  1,500

                             2,450

                             2,940

                             3,628

                             48

                             23

5201-5500

G7

SLACK

WCL

20-Jan-16

ROAD

TAWA II

                  5,000

                  5,000

                             2,290

                             2,748

                             3,532

                             54

                             29

5201-5500

G7

STEAM

WCL

20-Jan-16

ROAD

NANDGAON

                  1,500

                  1,000

                             2,450

                             2,970

                             2,972

                             21

                           0.07

5201-5500

G7

STEAM

WCL

20-Jan-16

ROAD

MANA

                  1,000

                  1,000

                             2,450

                             2,940

                             3,690

                             51

                             26

5201-5500

G7

SLACK

WCL

13-Jan-16

ROAD

TAWA

                  5,000

                    400

                             2,290

                             2,748

                             2,751

                             20

                           0.09

5201-5500

G7

ROM

SECL

12-Jan-16

ROAD

Sharda (High Wall)(Stock)

                45,000

                  7,400

                             1,890

                             2,268

                             2,268

                             20

                              -  

5201-5500

G7

Steam

MCL

5-Jan-16

ROAD

Orient 4

                  5,000

                      -  

                                  -  

                                  -  

                                  -  

                              -  

                              -  

5201-5500 Total

 

 

 

 

 

 

               68,000

               16,600

 

 

 

 

 

Source: ICMW