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Poor demand for G8 grade coal in December e-auction

07 Jan 2016

Poor demand was witnessed for G8 grade coal (GCV range of 4,901-5,200 Kcal/kg) offered by CCL and WCL in the December 2015 e-auctions on coaljunction as out of the offered quantity of 30,200 tons, 7,700 tons were allotted at a weighted average of Rs 2,614, according to data available with ICMW.

 

Fair demand was witnessed for G8 grade coal offered by CCL and WCL in the November 2015 e-auctions on coaljunction as out of the offered quantity of 29,200 tons, 10,180 tons were allotted at a weighted average of Rs 2,495.

 

Similar kind of demand was witnessed for G8 grade coal offered by CCL WCL and SECL in the October 2015 e-auctions on coaljunction as out of the offered quantity of 56,500 tons, 29,550 tons were allotted at a weighted average of Rs 2,476.

 

Following are the details of the e-auction of G8 grade on coaljunction in December 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 (%)

4901-5200

G8

SLK

WCL

18-Dec-15

MANA

ROAD

              2,000

               2,000

                  2,050

                  2,460

                     3,158

                                54

                                 28

4901-5200

G8

SLK

WCL

18-Dec-15

NANDGAON

ROAD

              2,000

               2,000

                  2,050

                  2,460

                     2,758

                                35

                                 12

4901-5200

G8

STM

WCL

18-Dec-15

MOHAN 9/10 (MOURI INCLINE)

ROAD

              1,200

               1,200

                  2,210

                  2,652

                     2,689

                                22

                                  1

4901-5200

G8

 

CCL

29-Dec-15

GIDI- W SLURRY

ROAD

            15,000

 No Bid

                  1,690

                  2,028

 NA

                                -  

                                 -  

4901-5200

G8

 

CCL

29-Dec-15

KEDLA W. SLURRY (P/L)

ROAD

            10,000

               2,500

                  1,690

                  2,028

                     2,028

                                20

                                 -  

4901-5200 Total

 

 

 

 

 

 

           30,200

              7,700