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Moderate demand for coking coal in Dec on coaljunction

07 Jan 2016

Fair demand was witnessed for washery grade (W2,W3, W4) coking coal offered by Bharat Coking Coal Limited (BCCL) and Central Coalfields Ltd (CCL) for allotment through coaljunction in December 2015, as per data available with ICMW.

 

Out of the entire offered quantity of 99,250 tons during December 2015, a volume of 46,180 tons got allotted.

 

However, the weighted average price rose to Rs 2,748 per ton in December from Rs 2,594 per ton in November.

 

Similar kind of fair or average demand was witnessed for washery grade (W3) coking coal offered by BCCL and CCL for allotment through coaljunction in November 2015.

 

Out of the entire offered quantity of 151,800 tons during November 2015, a volume of 119,950 tons got allotted.

 

However, the weighted average price fell to Rs 2,594 per ton in November from Rs 3,058 per ton in October.

 

Likewise, similar kind of demand was witnessed for washery grade (W3, W4) coking coal offered by BCCL for allotment through coaljunction in October 2015.

 

Out of the entire offered quantity of 91,150 tons during October 2015, a volume of 48,950 tons got allotted.

 

However, the weighted average price rose to Rs 3,058 per ton in October from Rs 2,827 per ton in September.

 

Following are the details of e-auction of coking coal in December 2015 on coaljunction:

 

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 (%)

W4

W4

SLURRY

BCCL

18-Dec-15

Madhuban

ROAD

            10,000

 No Bid

                  2,515

                  3,270

 NA

                                -  

                                 -  

W4

W4

SLURRY

BCCL

18-Dec-15

SUDAMDIH

ROAD

              5,000

 No Bid

                  2,515

                  3,270

 NA

                                -  

                                 -  

W3

W3

STM

BCCL

18-Dec-15

Jamunia OCP SSY

ROAD

              6,000

               5,500

                  1,950

                  2,535

                     2,536

                                30

                              0.04

W3

W3

STM

BCCL

18-Dec-15

Govindpur

ROAD

              1,000

                 200

                  1,950

                  2,535

                     2,535

                                30

                                 -  

W3

W3

STM

BCCL

18-Dec-15

Block IV

ROAD

              1,500

                 150

                  1,950

                  2,535

                     2,535

                                30

                                 -  

W3

W3

STM

BCCL

18-Dec-15

Jogidih

ROAD

              2,000

 No Bid

                  1,950

                  2,535

 NA

                                -  

                                 -  

W3

W3

STM

BCCL

18-Dec-15

Akashkinaree

ROAD

              2,000

 No Bid

                  1,950

                  2,535

 NA

                                -  

                                 -  

W3

W3

STM

BCCL

18-Dec-15

Akashkinaree

ROAD

              1,500

                 200

                  1,950

                  2,535

                     2,535

                                30

                                 -  

W3

W3

STM

BCCL

18-Dec-15

Akashkinaree

ROAD

              2,000

               1,750

                  1,950

                  2,535

                     2,536

                                30

                              0.04

W3

W3

STM

BCCL

18-Dec-15

West Mudidih SSY

ROAD

            15,000

             15,000

                  1,950

                  2,535

                     3,115

                                60

                                 23

W3

W3

STM

BCCL

18-Dec-15

S.Bansjora

ROAD

              6,000

               5,350

                  1,950

                  2,535

                     2,535

                                30

                                 -  

W3

W3

STM

BCCL

18-Dec-15

KUYA OCP OUTSOURCED

ROAD

            12,000

               7,550

                  1,950

                  2,535

                     2,536

                                30

                              0.03

W3

W3

STM

BCCL

18-Dec-15

Bera

ROAD

              2,000

               2,000

                  1,950

                  2,535

                     2,573

                                32

                                  1

W3

W3

STM

BCCL

18-Dec-15

LOHAPATTI 16/17 INC.

ROAD

                 150

                 100

                  1,950

                  2,535

                     2,535

                                30

                                 -  

W3

W3

STM

CCL

29-Dec-15

PUNDI

ROAD

              8,000

               8,000

                  1,740

                  2,262

                     2,680

                                54

                                 18

W3

W3

STM

CCL

29-Dec-15

Tarmi OS

ROAD

                 550

                 380

                  1,740

                  2,262

                     2,262

                                30

                                 -  

W2

W2

SLURRY

BCCL

18-Dec-15

Patherdih

ROAD

              9,000

 No Bid

                  3,513

                  4,567

 NA

                                -  

                                 -  

W2

W2

SLURRY

BCCL

18-Dec-15

Moonidih

ROAD

              1,550

 No Bid

                  3,513

                  4,567

 NA

                                -  

                                 -  

W2

W2

SLURRY

BCCL

18-Dec-15

Moonidih

ROAD

            10,000

 No Bid

                  3,513

                  4,567

 NA

                                -  

                                 -  

W2

W2

SLURRY

BCCL

18-Dec-15

Patherdih

RAIL

              4,000

 No Bid

                  3,513

                  4,567

 NA

                                -  

                                 -  

W2, W3 & W4 Total

 

 

 

 

 

 

           99,250

            46,180