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Coal news and updates

Mixed grade coal sees good demand in March e-auction

03 Apr 2014

April 3: Very strong demand was witnessed for mixed grade coal offered in the e-auctions conducted on the coaljunction platform during March 2014 as out of 223,450 tons of coal offered, 156,640 tons got allotted during the month. The weighted average price of the allotted quantity during the month stood at Rs 2,801/ton.

In February 2014, very strong demand was witnessed for mixed grade coal offered in the e-auctions conducted on the coaljunction platform as out of 159,400 tons of coal offered, 157,050 tons got allotted during the month. The weighted average price of the allotted quantity during the month stood at Rs 2,909/ton.

However, during the month of January 2014, out of 182,000 tons of mixed grade coal offered, 92,460 tons got allotted at a weighted average price of Rs 2,928 per 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)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% Increase Over Reserve Price (%)

% Increase over Notified Price (%)

4301-4900

MIX

MIX

WCL

19-Mar-14

GOURI DEEP OC(Cost Plus)

Road

50,000

5,100

2,879

2,399

2,879

-

20

4601-5200

MIX

MIX

WCL

19-Mar-14

PAONI OC

Road

5,000

5,000

2,385

1,988

2,853

20

44

4601-5200

MIX

MIX

WCL

20-Mar-14

NM OC-SEC-A

Road

750

710

2,355

1,963

3,008

28

53

4601-5200

MIX

MIX

WCL

20-Mar-14

NK OC

Road

4,000

4,000

2,355

1,963

2,707

15

38

4601-5200

MIX

MIX

WCL

20-Mar-14

TELWASA OC

Road

2,500

2,500

2,355

1,963

2,939

25

50

4601-5200

MIX

MIX

WCL

20-Mar-14

DHORWASA OC

Road

14,000

14,000

2,355

1,963

2,590

10

32

4601-5200

MIX

MIX

WCL

20-Mar-14

JUNA KUNADA

Road

3,750

3,540

2,355

1,963

2,355

-

20

4601-5500

MIX

MIX

WCL

20-Mar-14

Inder UG Conv. To OC

Road

10,000

8,900

2,528

2,107

2,529

0

20

4601-5800

MIX

MIX

WCL

19-Mar-14

Sasti OC

Road

5,400

5,400

2,426

2,022

2,866

18

42

4901-5500

MIX

MIX

WCL

19-Mar-14

PADMAPUR OC

Road

47,000

47,000

2,748

2,290

2,885

5

26

4901-5500

MIX

MIX

WCL

19-Mar-14

DRC 6-7-8

Road

4,000

4,000

2,748

2,290

2,917

6

27

4901-5500

MIX

MIX

WCL

19-Mar-14

DRC No. 4

Road

6,800

5,940

2,748

2,290

2,755

0

20

4901-5500

MIX

MIX

WCL

20-Mar-14

SILEWARA AB INC.

Road

10,000

2,100

2,748

2,290

2,753

0

20

4901-5500

MIX

MIX

WCL

20-Mar-14

BHANDEWADA

Road

8,200

5,100

2,748

2,290

2,748

-

20

4901-5800

MIX

MIX

WCL

19-Mar-14

NEELJAY

Road

9,450

9,450

2,646

2,205

2,852

8

29

4901-5800

MIX

MIX

WCL

19-Mar-14

NEELJAY(S)

Road

27,800

27,800

2,646

2,205

2,878

9

31

5501-5800

MIX

MIX

WCL

19-Mar-14

Sasti UG

Road

8,800

6,100

2,721

2,721

2,721

-

-

5801-6100

MIX

MIX

WCL

19-Mar-14

Ballarpur UG

Road

6,000

No Bid

2,931

2,931

NA

-

-

5801-6100 Total

           

223,450

156,640