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Moderate e-auction demand from SCCL in November

09 Dec 2015

India Coal Market Watch

December 8: After a gap of two months, Singareni Collieries Company (SCCL) offered a quantum of 816,000 tons of coal in November 2015 for sale through the e-auction platform of coaljunction, out of which the allotted quantity was 480,938 tons, which was a moderate demand of 58.93%, according to provisional data available with ICMW.

 The total offered and allocated quantities by SCCL on coaljunction in 2014-15 stood at 3.02 mt and 1.91 mt as compared to 1.93 mt and 1.58 mt respectively in 2013-14

 Following table provides details of SCCL offering and allotment on coaljunction in 2013-14, 2014-15 and 2015-16:

 

 

Month

2015-16

2014-15

2013-14

SCCL

SCCL

SCCL

Qty offered

Qty allotted

Qty offered

Qty allotted

Qty offered

Qty allotted

(in tons)

(in tons)

(in tons)

(in tons)

(in tons)

(in tons)

April

6,10,000

2,21,952

1,44,500

1,16,258

1,85,000

1,51,237

May

 

 

3,02,600

2,43,834

2,32,800

1,93,451

June

650400

1,89,571`

1,91,000

1,86,912

2,16,000

1,55,472

July

 

 

2,11,500

1,70,990

1,00,000

88,789

August

741000

2,52,371

1,09,000

90,856

82,700

67,871

September

Nil

Nil

3,67,000

2,74,623

98,000

90,125

October

Nil

Nil

1,85,000

1,33,615

1,28,700

91,450

November

8,16,000

4,80,938

1,66,000

86,483

92,000

82,000

December

 

 

5,94,000

2,80,468

2,73,000

1,96,285

January

 

 

7,47,500

3,28,395

1,08,000

86,335

February

 

 

Nil

Nil

2,87,000

2,71,338

March

 

 

Nil

Nil

1,31,000

1,03,893

Total (Apr-Nov)

28,17,400

9,55,261

16,76,600

13,03,571

11,35,200

9,20,395

Total (Apr-Mar)

28,17,400

9,55,261

30,18,100

19,12,434

19,34,200

15,78,246