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Coal news and updates

Mixed grade coal sees fair demand in June e-auction

07 Jul 2014

July 7: There was fair demand for mixed grade coal offered in the e-auctions conducted on the coaljunction platform during June 2014 as out of 214,950 tons offered, 179,300 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,860/ton.

However, a very strong demand was witnessed for mixed grade coal offered in the e-auctions conducted on the coaljunction platform during May 2014 as the entire offered quantity of 125,550 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,981/ton.

Compared to May, a somewhat lesser demand was witnessed for mixed grade coal offered in the e-auctions conducted in April 2014 as out of 181,750 tons offered, 154,610 tons got allotted during the month. The weighted average price of the allotted quantity during the month stood at Rs 2,949/ton.

Following are the details:

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered (t)

Quantity Allotted (t)

Notified Price (Rs./t)

Reserve Price (Rs./t)

Average Price in Rs/Mt

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

4301-4900

MIX

MIX

WCL

27-Jun-14

GOURI DEEP OC(Cost Plus)

Road

10,000

No Bid

2,470.83

2,965.00

NA

-

-

4601-5200

MIX

MIX

WCL

25-Jun-14

PAONI OC

Road

5,000

5,000

1,987.50

2,385.00

3,111.56

57

30

4601-5200

MIX

MIX

WCL

25-Jun-14

TELWASA OC

Road

3,100

3,100

1,962.50

2,355.00

3,314.74

69

41

4601-5200

MIX

MIX

WCL

25-Jun-14

DHORWASA OC

Road

5,700

5,700

1,962.50

2,355.00

3,128.77

59

33

4601-5200

MIX

MIX

WCL

25-Jun-14

JUNA KUNADA

Road

2,500

2,500

1,962.50

2,355.00

3,302.04

68

40

4601-5500

MIX

MIX

WCL

25-Jun-14

BALLARPUR OC

Road

28,350

28,350

2,106.67

2,528.00

2,550.09

21

1

4601-5500

MIX

MIX

WCL

27-Jun-14

SHIVPURI OC Patches

Road

50,000

46,080

2,106.67

2,528.00

2,528.28

20

0

4901-5500

MIX

MIX

WCL

25-Jun-14

PADMAPUR OC

Road

5,000

5,000

2,290.00

2,748.00

3,147.02

37

15

4901-5500

MIX

MIX

WCL

25-Jun-14

DRC 6-7-8

Road

4,500

4,500

2,290.00

2,748.00

3,262.44

42

19

4901-5500

MIX

MIX

WCL

25-Jun-14

DRC No. 4

Road

7,800

7,800

2,290.00

2,748.00

2,762.10

21

1

4901-5500

MIX

MIX

WCL

27-Jun-14

Shobhapur

Road

1,700

1,700

2,290.00

2,748.00

3,159.76

38

15

4901-5500

MIX

MIX

WCL

27-Jun-14

MAKARDHOKRA OCM

Road

28,350

28,350

2,290.00

2,748.00

3,290.59

44

20

4601-5800

MIX

MIX

WCL

25-Jun-14

Sasti OC

Road

15,000

15,000

2,021.67

2,426.00

2,964.63

47

22

5501-5800

MIX

MIX

WCL

25-Jun-14

Sasti UG

Road

10,700

10,700

2,721.00

2,721.00

3,152.03

16

16

5501-5800

MIX

MIX

WCL

27-Jun-14

Nehariya UG

Road

15,000

6,910

2,706.00

2,706.00

2,706.00

-

-

5501-5800

MIX

MIX

WCL

27-Jun-14

Vishnupuri-II

Road

1,000

900

2,706.00

2,706.00

2,706.00

-

-

5501-5800

MIX

MIX

WCL

27-Jun-14

Mathani

Road

2,750

2,750

2,706.00

2,706.00

2,832.84

5

5

5501-5800

MIX

MIX

WCL

27-Jun-14

THESGORA UG

Road

4,500

4,500

2,706.00

2,706.00

2,870.96

6

6

5801-6100

MIX

MIX

WCL

25-Jun-14

Ballarpur UG

Road

14,000

460

2,931.00

2,931.00

2,931.00

-

-

MIX Total

           

214,950

179,300