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Coal news and updates

Mixed grade coal sees strong demand in April e-auction

07 May 2014

May 7: Very strong demand was witnessed for mixed grade coal offered in the e-auctions conducted on the coaljunction platform during April 2014 as out of 181,750 tons of coal 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.

In March 2014, 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.

However, during the month of 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.

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 (%)

4601-5200

MIX

MIX

WCL

23-Apr-14

PAONI OC

ROAD

        5,000

         5,000

       1,988

       2,385

       3,214

           62

            35

4601-5200

MIX

MIX

WCL

30-Apr-14

NM OC-SEC-A

ROAD

        1,500

         1,500

       1,963

       2,355

       3,390

           73

            44

4601-5200

MIX

MIX

WCL

30-Apr-14

NK OC

ROAD

           750

            750

       1,963

       2,355

       3,355

           71

            42

4601-5200

MIX

MIX

WCL

30-Apr-14

TELWASA OC

ROAD

        2,500

         2,500

       1,963

       2,355

       3,433

           75

            46

4601-5200

MIX

MIX

WCL

30-Apr-14

DHORWASA OC

ROAD

        4,250

         4,250

       1,963

       2,355

       3,381

           72

            44

4601-5200

MIX

MIX

WCL

30-Apr-14

JUNA KUNADA

ROAD

        2,500

         2,500

       1,963

       2,355

       3,292

           68

            40

4601-5500

MIX

MIX

WCL

23-Apr-14

BALLARPUR OC

ROAD

        5,000

         5,000

       2,107

       2,528

       3,174

           51

            26

4601-5500

MIX

MIX

WCL

23-Apr-14

SHIVPURI OC Patches

ROAD

      60,000

       60,000

       2,107

       2,528

       2,539

           21

              0

4601-5800

MIX

MIX

WCL

23-Apr-14

Sasti OC

ROAD

        3,750

         3,710

       2,022

       2,426

       3,112

           54

            28

4301-4900

MIX

MIX

WCL

23-Apr-14

GOURI DEEP OC(Cost Plus)

ROAD

      10,000

         3,000

       2,399

       2,879

       2,879

           20

            -  

4901-5500

MIX

MIX

WCL

23-Apr-14

PADMAPUR OC

ROAD

        5,000

         5,000

       2,290

       2,748

       3,304

           44

            20

4901-5500

MIX

MIX

WCL

23-Apr-14

DRC 6-7-8

ROAD

        4,000

         4,000

       2,290

       2,748

       3,224

           41

            17

4901-5500

MIX

MIX

WCL

23-Apr-14

DRC No. 4

ROAD

        7,000

         7,000

       2,290

       2,748

       2,894

           26

              5

4901-5800

MIX

MIX

WCL

30-Apr-14

NEELJAY

ROAD

      13,000

       13,000

       2,205

       2,646

       3,647

           65

            38

4901-5800

MIX

MIX

WCL

30-Apr-14

NEELJAY(S)

ROAD

        7,500

         7,500

       2,205

       2,646

       3,693

           67

            40

4901-5800

MIX

MIX

WCL

30-Apr-14

Kumbharkhani

ROAD

      11,500

       11,500

       2,205

       2,646

       3,133

           42

            18

5501-5800

MIX

MIX

WCL

23-Apr-14

Sasti UG

ROAD

        7,000

         7,000

       2,721

       2,721

       3,013

           11

            11

5501-5800

MIX

MIX

WCL

23-Apr-14

Nehariya UG

ROAD

      15,000

         6,010

       2,706

       2,706

       2,706

            -  

            -  

5501-5800

MIX

MIX

WCL

23-Apr-14

Mathani

ROAD

        3,500

         1,800

       2,706

       2,706

       2,706

             0

              0

5501-5800

MIX

MIX

WCL

23-Apr-14

THESGORA UG

ROAD

        4,000

         3,590

       2,706

       2,706

       2,707

             0

              0

5801-6100

MIX

MIX

WCL

23-Apr-14

Ballarpur UG

ROAD

        9,000

 No Bid

       2,931

       2,931

 NA

 

 

MIX Total

 

 

 

 

 

 

181,750

154,610