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Moderate demand for coking coal in Feb e-auction

26 Mar 2014

March 26: Moderate demand was witnessed for washery grade (W3 & W4) coking coal offered by Bharat Coking Coal Limited (BCCL) and Central Coalfields Limited (CCL) for allotment through the MSTC platform during February 2014.

In February 2014, a total of 172,050 tons of coking coal were offered for allotment out of which 134,200 tons got allotted and the weighted average price of the material stood at Rs 3,113 per ton.

In January 2014, a strong demand was witnessed for coking coal e-auction as a total of 288,900 tons were offered for allotment and 286,980 tons got allotted and the weighted average price of the material stood at Rs 3,066 per ton.

During December 2013, a total of 291,540 tons of the material were offered for allotment out of which 291,520 tons got allotted and the weighted average price of the material stood at Rs 3,033 per ton.

Following are the details of e-auction for coking coal via the MSTC platform in February 2014:


GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Allotted Qty (In tons)

(ANP)Average Notified Price (in Rs)

(ARP)Average Reserve Price (In Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

W3

 

STM

CCL

26-Feb-14

ROAD

AMLO

13,250

13,250

1,740

2,262

4,157

139

84

W3

 

STM

CCL

26-Feb-14

ROAD

TARMI OS

3,450

3,450

1,740

2,262

3,819

119

69

W3

 

STM

BCCL

21-Feb-14

ROAD

BARAREE 6 PIT

2,950

2,950

1,950

2,535

2,682

38

6

W3

 

ROM

BCCL

21-Feb-14

ROAD

JEENAGORA OCP

8,000

1,650

1,770

2,301

2,302

30

0

W3

 

SLR

BCCL

21-Feb-14

ROAD

MADHUBAN

25,000

2,750

2,586

3,362

3,362

30

-

W3

 

STM

BCCL

21-Feb-14

ROAD

KUYA OCP OUTSOURCED

20,000

20,000

1,950

2,535

3,293

69

30

W3

 

STM

BCCL

21-Feb-14

ROAD

KUYA OCP

1,000

1,000

1,950

2,535

3,342

71

32

W3

 

STM

BCCL

21-Feb-14

ROAD

BERA

4,000

4,000

1,950

2,535

3,678

89

45

W3

 

STM

BCCL

21-Feb-14

ROAD

AKASHKINAREE

5,000

5,000

1,950

2,535

2,947

51

16

W3

 

STM

BCCL

21-Feb-14

ROAD

AKASHKINAREE

2,000

2,000

1,950

2,535

2,825

45

11

W3

 

STM

BCCL

21-Feb-14

ROAD

WEST MUDIDIH SSY

12,000

12,000

1,950

2,535

3,791

94

50

W3

 

STM

BCCL

21-Feb-14

ROAD

S. BANSJORA

4,000

4,000

1,950

2,535

3,243

66

28

W3

 

ROM

BCCL

21-Feb-14

ROAD

GONDUDIH

10,000

6,450

1,770

2,301

2,302

30

0

W3

 

STM

BCCL

21-Feb-14

ROAD

SATABDI

5,000

5,000

1,950

2,535

2,805

44

11

W3

 

STM

BCCL

21-Feb-14

ROAD

JAMUNIA OCP SSY

20,900

20,900

1,950

2,535

3,192

64

26

W3

 

STM

BCCL

21-Feb-14

ROAD

GOVINDPUR

3,500

3,500

1,950

2,535

2,561

31

1

W3

 

STM

BCCL

21-Feb-14

ROAD

BLOCK IV

3,000

3,000

1,950

2,535

2,538

30

0

W3

 

STM

BCCL

21-Feb-14

ROAD

JOGIDIH

2,000

2,000

1,950

2,535

2,543

30

0

W4

 

ROM

CCL

26-Feb-14

ROAD

GOVINDPUR PHASE II

10,000

10,000

1,460

1,898

2,430

66

28

W4

 

ROM

BCCL

21-Feb-14

ROAD

NTST OCP

17,000

11,300

1,650

2,145

2,147

30

0

Total

           

172,050

134,200