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New UserPoor demand for mixed grades in Feb e-auction
03 Mar 2016
After a gap of one month, poor demand was witnessed for mixed grades as out of an offered quantity of 110,000 tons by Western Coalfields Ltd (WCL), only 16,950 tons were allotted through coaljunction in February 2016 at a weighted average of Rs 2,727 per ton, as per data available with ICMW.
There was no offering of mixed grades in January 2016 on coaljunction, according to data available with ICMW.
However, there was better demand for mixed grades in December 2015 on coaljunction as out of the 85,900 tons offered by WCL, 52,480 tons got allotted at a weighted average price of Rs 3,316 per ton.
Following are the details of the e-auction of mixed grades in February 2016 on coaljunction:
|
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 (%) |
|
4601-5800 |
MIX |
MIX |
WCL |
29-Feb-16 |
GOURI EXP OC |
ROAD |
5,100 |
200 |
2,298 |
2,758 |
2,758 |
20 |
- |
|
4601-5800 |
MIX |
MIX |
WCL |
29-Feb-16 |
Sasti OC |
ROAD |
16,260 |
6,690 |
2,298 |
2,758 |
2,758 |
20 |
- |
|
4601-5500 |
MIX |
MIX |
WCL |
29-Feb-16 |
GHORAWARI QUARRY (16/17 PATCH) |
ROAD |
3,230 |
1,960 |
2,106 |
2,528 |
2,528 |
20 |
- |
|
5501-5800 |
MIX |
MIX |
WCL |
29-Feb-16 |
Nehariya UG |
ROAD |
17,200 |
No Bid |
2,706 |
3,248 |
- |
- |
- |
|
4901-5500 |
MIX |
MIX |
WCL |
29-Feb-16 |
GOKUL OC |
ROAD |
43,210 |
8,100 |
2,290 |
2,748 |
2,748 |
20 |
- |
|
4901-5800 |
MIX |
MIX |
WCL |
29-Feb-16 |
KUMBHARKHANI INCLINE |
ROAD |
25,000 |
No Bid |
2,482 |
2,979 |
- |
- |
- |
|
MIX Total |
|
|
|
|
|
|
1,10,000 |
16,950 |
|
|
|
|
|