Poor demand for G4 grade in November on coaljunction
08 Dec 2015
India Coal Market Watch
December 7: Poor demand was witnessed for G4 grade coal (GCV between 6,101 and 6,400 Kcal/kg) in the month of November 2015, as out of the entire quantity of 45,570 tons offered by South Eastern Coalfields Limited (SECL), Bharat Coking Coal Limited (BCCL) and Central Coalfields (CCL), only a volume of 1,950 tons got allotted at a weighted average price of Rs 3,790 per ton, according to data available with ICMW.
However, moderate demand was witnessed for G4 grade coal in October 2015 as out of the entire offered quantity of 134,650 tons by Eastern Coalfields (ECL) and Western Coalfields (WCL), 99,352 tons got allotted at a weighted average price of Rs 4,055 per ton.
In September, poor demand was witnessed for G4 grade as out of the entire offered quantity of 146,132 tons by SECL, BCCL, CCL and Western Coalfields (WCL), only 5,300 tons were allotted at a weighted average price of Rs 4,374 per ton.
Following table provides details of G4 grade offering on coaljunction in November 2015:
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 (%) |
6101-6400 |
G4 |
STM |
SECL |
13-Nov-15 |
ROAD |
Mahamaya UG |
1,000 |
1,000 |
3,670 |
3,670 |
3,776 |
3 |
3 |
6101-6400 |
G4 |
ROM |
SECL |
13-Nov-15 |
ROAD |
Kumda 7&8 |
2,500 |
No Bid |
3,490 |
3,490 |
NA |
- |
- |
6101-6400 |
G4 |
STM |
BCCL |
19-Nov-15 |
ROAD |
Dobari |
4,000 |
No Bid |
3,670 |
3,670 |
NA |
- |
- |
6101-6400 |
G4 |
STM |
SECL |
20-Nov-15 |
ROAD |
Kapildhara (Bunker) |
14,000 |
450 |
3,670 |
3,670 |
3,670 |
- |
- |
6101-6400 |
G4 |
STM |
SECL |
20-Nov-15 |
ROAD |
Kurja UG (Bunker) |
9,000 |
No Bid |
3,670 |
3,670 |
NA |
- |
- |
6101-6400 |
G4 |
STM |
SECL |
20-Nov-15 |
ROAD |
BAGDEVA |
13,000 |
No Bid |
3,670 |
3,670 |
NA |
- |
- |
6101-6400 |
G4 |
ROM |
CCL |
30-Nov-15 |
ROAD |
CHURI |
1,570 |
No Bid |
3,490 |
3,490 |
NA |
- |
- |
6101-6400 |
G4 |
|
CCL |
30-Nov-15 |
ROAD |
BHURKUNDA (SANGAM) |
500 |
500 |
3,670 |
3,670 |
3,925 |
7 |
7 |
6101-6400 Total |
|
|
|
|
|
|
45,570 |
1,950 |
|
|
|
|
|