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Low demand for G8 grade in March e-auction

04 Apr 2016

Low demand was witnessed for G8 grade coal (GCV range of 4,901-5,200 Kcal/kg) offered by SECL,CCL and WCL in the March 2016 e-auctions on coaljunction as out of the offered quantity of 286,500 tons, a mere 80,450 tons were allotted, fetching a weighted average of Rs 2,118, according to data available with ICMW.

 

On the other hand, fair demand was witnessed for G8 grade coal offered by MCL,SECL,CCL and WCL in the February 2016 e-auctions on coaljunction as out of the offered quantity of 212,500 tons, a mere 64,290 tons were allotted, fetching a weighted average of Rs 2,046.

 

However, low demand was witnessed for G8 grade coal offered by CCL in the January 2016 e-auctions on coaljunction as out of the offered quantity of 30,000 tons, a mere 8,500 tons were allotted at a weighted average of Rs 2,028.

 

 

Following are details of the e-auction of G8 grade 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 (%)

4901-5200

G8

ROM

SECL

08-Mar-16

ROAD

Baroud OCM

             5,000

 No Bid

               1,690

               2,028

 NA

                             -  

                              -  

4901-5200

G8

ROM

SECL

08-Mar-16

ROAD

Jampali OC

           50,000

           30,500

               1,690

               2,028

                 2,028

                             20

                              -  

4901-5200

G8

SLK

WCL

15-Mar-16

ROAD

MANA

             1,500

            1,500

               2,050

               2,460

                 2,561

                             25

                               4

4901-5200

G8

SLK

WCL

15-Mar-16

ROAD

NANDGAON

             2,500

               900

               2,050

               2,460

                 2,460

                             20

                              -  

4901-5200

G8

CRUROM

WCL

15-Mar-16

ROAD

BHANDEWADA INCLINE

           24,500

            1,460

               2,030

               2,526

                 2,526

                             24

                              -  

4901-5200

G8

SLK

WCL

21-Mar-16

ROAD

Shobhapur

             1,000

               970

               2,050

               2,460

                 2,952

                             44

                             20

4901-5200

G8

CRUROM

WCL

21-Mar-16

ROAD

UMRER OC

           17,000

            8,020

               2,030

               2,526

                 2,526

                             24

                              -  

4901-5200

G8

CRUROM

WCL

21-Mar-16

ROAD

Niljai South

           25,500

 No Bid

               2,030

               2,526

 NA

                             -  

                              -  

4901-5200

G8

CRUROM

WCL

21-Mar-16

RAIL

UMRER SIDING (UMRER,MKD-I,MKD-II, GOKUL)

           80,000

 No Bid

               2,030

               2,436

 NA

                             -  

                              -  

4901-5200

G8

ROM

SECL

28-Mar-16

ROAD

Jampali OC

           20,000

           15,600

               1,690

               2,028

                 2,028

                             20

                              -  

4901-5200

G8

STM

WCL

29-Mar-16

ROAD

AMBARA (BHAWANI) UG

                500

               240

               2,210

               2,652

                 2,652

                             20

                              -  

4901-5200

G8

CRUROM

WCL

29-Mar-16

ROAD

UMRER OC

             9,000

               560

               2,030

               2,526

                 2,526

                             24

                              -  

4901-5200

G8

 

CCL

29-Mar-16

ROAD

KARO OCP

           50,000

           20,700

               1,690

               2,028

                 2,028

                             20

                              -  

4901-5200 Total

 

 

 

 

 

 

        286,500

         80,450