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Coal news and updates

Moderate demand for G7 grade in December e-auction

07 Jan 2015

January 7: G7 grade coal (GCV range of 5,200-5,500 Kcal/kg) met with moderate demand on the coaljunction platform in December 2014 as out of the entire offered quantity of 190,740 tons of coal, 118,070 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 2,870/ton.

However, G7 grade coal met with a very high demand on the coaljunction platform in November 2014 as the entire offered quantity of 32,100 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 3,637/ton.

G7 grade also met with high demand in October 2014 as out of the entire offered quantity of 87,570 tons, 87,200 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 3,319/ton.

Following are the details of the e-auction of G7 grade coal in December 2014:

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Mode of Despatch

Ex Location

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 (%)

5201-5500

G7

SLK

SECL

16-Dec-14

Road

Bangwar UG (Bunker)

12,500

12,500

1,910

2,292

3,061

60

34

5201-5500

G7

STM

SECL

16-Dec-14

Road

Bangwar UG (Bunker)

5,500

5,500

2,070

2,484

3,298

59

33

5201-5500

G7

Sized ROM (-100 mm)

SECL

16-Dec-14

Road

Sharda (High Wall) (Stock)

25,000

25,000

1,890

2,268

3,596

90

59

5201-5500

G7

STM

BCCL

18-Dec-14

Road

DAMAGORIA CHAPTORIA OCP

3,000

3,000

2,070

2,484

4,005

93

61

5201-5500

G7

STM

WCL

22-Dec-14

Road

MANA

740

740

2,450

2,940

4,691

91

60

5201-5500

G7

STM

WCL

22-Dec-14

Road

NANDGAON

1,000

1,000

2,450

2,970

5,112

109

72

5201-5500

G7

 

CCL

24-Dec-14

Road

RAJRAPPA-SLURRY

30,000

19,110

1,890

2,268

2,268

20

-

5201-5500

G7

 

CCL

24-Dec-14

Road

RAJRAPPA-SLURRY( HEAP 12A/12B)

30,000

No Bid

1,890

2,268

-

-

-

5201-5500

G7

 

CCL

24-Dec-14

Road

KATHARA W. SLURRY

10,000

10,000

1,890

2,268

2,617

38

15

5201-5500

G7

 

CCL

24-Dec-14

Road

GIRIDIH

30,000

26,950

2,070

2,484

2,484

20

-

5201-5500

G7

 

CCL

24-Dec-14

Road

GIDI-C

28,000

14,170

2,070

2,484

2,487

20

0.13

5201-5500

G7

 

CCL

24-Dec-14

Road

CSC BELTHARWA (MP)

15,000

100

2,070

2,484

2,484

20

-

5201-5500 Total

 

 

 

 

 

 

190,740

118,070