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Low demand seen for G6 grade in March e-auction

04 Apr 2016

Low demand was witnessed in the auction of G6 grade (GCV range of 5,501-5,800 Kcal/kg) coal on coaljunction in March 2016 as out of the entire offering of 240,870 tons by SECL, ECL and WCL , as much as 73,650 tons got allotted at a weighted average price of Rs 3,336 per ton, according to data available with ICMW.

 

However, fair demand was witnessed in the auction of G6 grade coal on coaljunction in February 2016 as out of the entire offering of 240,870 tons by SECL, ECL, WCL and CCL, as much as 92,450 tons got allotted at a weighted average price of Rs 3,005 per ton.

 

Likewise, fair demand was witnessed in the auction of G6 grade coal on coaljunction in January 2016 as out of the entire offering of 229,370 tons by SECL, ECL, BCCL and CCL, as much as 89,440 tons got allotted at a weighted average price of Rs 2,868 per ton.

 

 

Following are details of the e-auction of G6 grade coal in March 2016 on coaljunction:

 

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 (%)

5501-5800

G6

SLK

SECL

08-Mar-16

ROAD

Vindhya

             7,000

                 50

               2,170

               2,604

                 2,604

                             20

                              -  

5501-5800

G6

STM

SECL

08-Mar-16

ROAD

Vindhya

             4,500

            2,600

               2,330

               2,796

                 2,796

                             20

                              -  

5501-5800

G6

SLK

SECL

08-Mar-16

ROAD

Damini UG (Bunker)

           15,000

            2,800

               2,170

               2,604

                 2,604

                             20

                              -  

5501-5800

G6

STM

SECL

08-Mar-16

ROAD

Damini UG (Bunker)

             4,500

            3,900

               2,330

               2,796

                 2,796

                             20

                              -  

5501-5800

G6

STM

SECL

08-Mar-16

ROAD

Dhanpuri OC (Stock)

           20,000

           20,000

               2,330

               2,796

                 3,603

                             55

                             29

5501-5800

G6

SLK

SECL

08-Mar-16

ROAD

Khairha UG (Bunker)

             6,000

            1,700

               2,170

               2,604

                 2,604

                             20

                              -  

5501-5800

G6

SLK

SECL

08-Mar-16

ROAD

Rajendra UG (Bunker)

           22,000

            1,250

               2,170

               2,604

                 2,604

                             20

                              -  

5501-5800

G6

STM

SECL

08-Mar-16

ROAD

Rajendra UG (Bunker)

             7,000

            5,650

               2,330

               2,796

                 2,796

                             20

                           0.01

5501-5800

G6

STM

WCL

15-Mar-16

ROAD

PATANSAONGI

             1,000

               200

               2,770

               3,324

                 3,324

                             20

                              -  

5501-5800

G6

STM

WCL

15-Mar-16

ROAD

SAONER MINE NO. III

             1,000

            1,000

               2,770

               3,324

                 3,390

                             22

                               2

5501-5800

G6

STM

WCL

15-Mar-16

ROAD

Tawa II

             4,000

            4,000

               2,770

               3,389

                 4,165

                             50

                             23

5501-5800

G6

STM

WCL

21-Mar-16

ROAD

SAONER UG II

             1,300

            1,300

               2,770

               3,324

                 3,364

                             21

                               1

5501-5800

G6

SLK

SECL

28-Mar-16

ROAD

Rehar UG

           10,000

            1,000

               2,170

               2,604

                 2,604

                             20

                              -  

5501-5800

G6

STM

SECL

28-Mar-16

ROAD

AMADAND OC

           15,000

           15,000

               2,330

               2,796

                 3,266

                             40

                             17

5501-5800

G6

STM

SECL

28-Mar-16

ROAD

Amlai OC (Stock)

             5,000

            5,000

               2,330

               2,796

                 3,234

                             39

                             16

5501-5800

G6

SLK

SECL

28-Mar-16

ROAD

Dhanpuri UG (Bunker)

             3,000

               300

               2,170

               2,604

                 2,604

                             20

                              -  

5501-5800

G6

STM

SECL

28-Mar-16

ROAD

Dhanpuri UG (Bunker)

                500

               500

               2,330

               2,796

                 3,318

                             42

                             19

5501-5800

G6

STM

WCL

29-Mar-16

ROAD

Silewara UG

             1,000

               400

               2,770

               3,324

                 3,324

                             20

                              -  

5501-5800

G6

STM

ECL

31-Mar-16

ROAD

DABOR OCP: : Salanpur A (B-II)

             7,000

            7,000

               2,330

               2,796

                 3,997

                             72

                             43

5501-5800

G6

STM

ECL

31-Mar-16

RAIL

SLS -1

         116,820

 No Bid

               2,330

               2,796

 NA

                             -  

                              -  

5501-5800 Total

 

 

 

 

 

 

        251,620

         73,650