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Coal news and updates

Mixed grade coal sees strong demand in May e-auction

04 Jun 2014

June 4: 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 during the month. 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 on the coaljunction platform during 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.

However, in March 2014, demand was even lower as out of 223,450 tons offered, only 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.

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

21-May-14

PAONI OC

Road

7,000

7,000

1,988

2,385

3,316

67

39

4601-5200

MIX

MIX

WCL

21-May-14

DHORWASA OC

Road

3,750

3,750

1,963

2,355

3,516

79

49

4601-5200

MIX

MIX

WCL

21-May-14

JUNA KUNADA

Road

3,500

3,500

1,963

2,355

3,499

78

49

4901-5500

MIX

MIX

WCL

21-May-14

PADMAPUR OC

Road

5,000

5,000

2,290

2,748

3,399

48

24

4901-5500

MIX

MIX

WCL

21-May-14

DRC 6-7-8

Road

4,000

4,000

2,290

2,748

3,191

39

16

4901-5500

MIX

MIX

WCL

21-May-14

DRC No. 4

Road

5,800

5,800

2,290

2,748

2,956

29

8

4901-5500

MIX

MIX

WCL

23-May-14

SILEWARA AB INC.

Road

10,000

10,000

2,290

2,748

2,839

24

3

4901-5500

MIX

MIX

WCL

23-May-14

Shobhapur

Road

1,000

1,000

2,290

2,748

3,023

32

10

4901-5500

MIX

MIX

WCL

23-May-14

MAKARDHOKRA OCM

Road

5,000

5,000

2,290

2,748

3,632

59

32

4601-5500

MIX

MIX

WCL

21-May-14

BALLARPUR OC

Road

10,000

10,000

2,107

2,528

3,051

45

21

4601-5500

MIX

MIX

WCL

21-May-14

SHIVPURI OC Patches

Road

40,000

40,000

2,107

2,528

2,603

24

3

4601-5500

MIX

MIX

WCL

23-May-14

Inder UG Conv. To OC

Road

10,000

10,000

2,107

2,528

3,007

43

19

4901-5800

MIX

MIX

WCL

23-May-14

Kumbharkhani

Road

8,500

8,500

2,205

2,646

3,168

44

20

4601-5800

MIX

MIX

WCL

21-May-14

Sasti OC

Road

12,000

12,000

2,022

2,426

3,128

55

29

4601-5800 Total

           

125,550

125,550