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 |
|
|
|
|
|