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Poor demand for G4 grade in Feb on coaljunction

03 Mar 2016

Poor demand was witnessed for G4 grade coal (GCV between 6,101 and 6,400 Kcal/kg) grade in February 2016, as out of the entire quantity of 118,206 tons offered by South Eastern Coalfields Limited (SECL), North Eastern Coalfield (NEC), Eastern Coalfields Limited (ECL) and Central Coalfields (CCL), a volume of 22,435 tons got allotted at a weighted average price of Rs 3,948 per ton, according to data available with ICMW.

 

Low demand was witnessed for G4 grade coal in the month of January 2016, as out of the entire quantity of 256,340 tons offered by SECL, Bharat Coking Coal Limited (BCCL), ECL and CCL, a volume of 65,536 tons got allotted at a weighted average price of Rs 4,160 per ton.

 

However, good demand was witnessed for G4 grade coal in the month of December 2015, as out of the entire quantity of 202,230 tons offered by SECL, Western Coalfields Limited (WCL), ECL and CCL, a volume of 86,258 tons got allotted at a weighted average price of Rs 3,833 per ton.

 

Following table provides details of e-auction of G4 grade offering on coaljunction in February 2016:

 

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 (%)

6101-6400

G4

STM

SECL

10-Feb-16

BAGDEVA

ROAD

          25,000

               750

               3,670

               3,670

                 3,670

                             -  

                              -  

6101-6400

G4

STM

SECL

24-Feb-16

Mahamaya UG

ROAD

            1,500

            1,500

               3,670

               3,670

                 3,992

                               9

                               9

6101-6400

G4

STM

SECL

24-Feb-16

Kapildhara (Bunker)

ROAD

            3,000

            1,300

               3,670

               3,670

                 3,671

                          0.02

                           0.02

6101-6400

G4

STM

ECL

24-Feb-16

Madhabpur:: Sonachara (R-VIIIB)

ROAD

            1,000

            1,000

               3,670

               3,670

                 4,221

                             15

                             15

6101-6400

G4

STM

ECL

24-Feb-16

Naba Kajora:: Sonachara (R-VIIIB)

ROAD

            1,500

            1,500

               3,670

               3,670

                 3,872

                               6

                               6

6101-6400

G4

STM

ECL

24-Feb-16

Sankarpur OCP:: Jambad (R-VIII)

ROAD

          19,470

            2,560

               3,670

               3,670

                 3,671

                          0.03

                           0.03

6101-6400

G4

STM

ECL

24-Feb-16

Dhemomain:; Borachak (R-VIII)

ROAD

               500

               500

               3,670

               3,670

                 4,157

                             13

                             13

6101-6400

G4

STM

ECL

24-Feb-16

CHINAKURI-3 PIT : Borachak R-VIII

ROAD

            1,000

            1,000

               3,670

               3,670

                 4,762

                             30

                             30

6101-6400

G4

STM

ECL

24-Feb-16

NARSAMUDA: :NARSAMUDA ( R-X )

ROAD

            2,000

            2,000

               3,670

               3,670

                 4,022

                             10

                             10

6101-6400

G4

STM

ECL

24-Feb-16

KALIDASPUR PROJECT:GHUSICK A ( R IX A)

ROAD

            1,940

               305

               3,670

               3,670

                 3,670

                             -  

                              -  

6101-6400

G4

STM

ECL

24-Feb-16

S.S.INCLINE:SRIPUR (R-VI)

ROAD

            1,000

            1,000

               3,670

               3,670

                 4,711

                             28

                             28

6101-6400

G4

STM

ECL

24-Feb-16

Sitaldasji Section of J.K.Nagar Fire Project::Nega (R-VIII)

ROAD

            5,000

            5,000

               3,670

               3,670

                 3,973

                               8

                               8

6101-6400

G4

STM

ECL

24-Feb-16

Bankola 8No Pit:: Bonbahal (R-VIIA)

ROAD

            2,000

            1,160

               3,670

               3,670

                 3,670

                             -  

                              -  

6101-6400

G4

STM

ECL

24-Feb-16

Shankarpur Millennium Incline::Jambad (R-VIII)

ROAD

            2,000

               160

               3,670

               3,670

                 3,670

                             -  

                              -  

6101-6400

G4

STM

ECL

24-Feb-16

Shankarpur 3&4 Pit :: Jambad (R-VIII)

ROAD

            2,000

               400

               3,670

               3,670

                 3,670

                             -  

                              -  

6101-6400

G4

STM

ECL

24-Feb-16

PAWI POCPI

RAIL

          15,576

 No Bid

               3,670

               3,670

                      -  

                             -  

                              -  

6101-6400

G4

ROM

NEC

25-Feb-16

Tikak

ROAD

          10,000

               150

               3,490

               3,490

                 3,490

                             -  

                              -  

6101-6400

G4

ROM

NEC

25-Feb-16

Tikak

RAIL

          20,000

 No Bid

               3,490

               3,490

                      -  

                             -  

                              -  

6101-6400

G4

ROM

CCL

26-Feb-16

CHURI

ROAD

            1,570

 No Bid

               3,490

               3,490

                      -  

                             -  

                              -  

6101-6400

G4

 

CCL

26-Feb-16

BHURKUNDA (SANGAM)

ROAD

            2,150

            2,150

               3,670

               3,670

                 3,825

                               4

                               4

6101-6400 Total

 

 

 

 

 

 

      1,18,206

         22,435