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Coal news and updates

SCCL offerings see good demand at April spot e-auction

06 May 2014

May 6: Good demand was witnessed for coal offered by Singareni Collieries Company Ltd (SCCL) for allotment through the e-auction platform of coaljunction during April 2014 as out of 144,500 tons offered, 116,258 tons got allotted at a weighted average price of Rs 1,293 per ton.

However, in March 2014 out of 131,000 tons offered, 103,893 tons got allotted at a weighted average price of Rs 2,209 per ton.

Meanwhile, in February 2013, out of 287,000 tons offered, 271,338 tons got allotted at a weighted average price of Rs 2,215 per ton.

Following are the details of the average realised price from various mines of SCCL in April:

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 (%)

2801-3100

G15

CRR

SCCL

29-Apr-14

JK 5 OCP

ROAD

30,000

30,000

 

1,245

1,361

-

9

2801-3100 Total

 

 

 

 

 

 

30,000

30,000

 

 

 

 

 

3401-3700

G13

CRR

SCCL

29-Apr-14

MNG OC

ROAD

10,000

7,616

 

1,125

1,125

-

-

3401-3700 Total

 

 

 

 

 

 

10,000

7,616

 

 

 

 

 

4001-4300

G11

CRR

SCCL

29-Apr-14

KHAIRAGURA

ROAD

20,000

20,000

 

1,785

2,418

-

35

4001-4300 Total

 

 

 

 

 

 

20,000

20,000

 

 

 

 

 

4601-4900

G9

ROM

SCCL

29-Apr-14

KK - 5

ROAD

8,000

8,000

 

2,250

2,923

-

30

4601-4900

G9

ROM

SCCL

29-Apr-14

RK-8

ROAD

2,000

2,000

 

2,250

2,949

-

31

4601-4900

G9

CRR

SCCL

29-Apr-14

DORLI OC II

ROAD

20,000

18,360

 

2,340

2,340

-

-

4601-4900

G9

CRR

SCCL

29-Apr-14

JVR OC

ROAD

10,000

10,000

 

2,340

2,529

-

8

4901-5200

G8

ROM

SCCL

29-Apr-14

GDK 7 LEP

ROAD

2,000

2,000

 

2,550

3,016

-

18

4901-5200 Total

 

 

 

 

 

 

42,000

40,360

 

 

 

 

 

5201-5500

G7

ROM

SCCL

29-Apr-14

KK 1

ROAD

8,000

8,000

 

2,760

3,269

-

18

5201-5500

G7

ROM

SCCL

29-Apr-14

KASIPETA

ROAD

7,000

7,000

 

2,760

3,163

-

15

5201-5500

G7

RND

SCCL

29-Apr-14

IK 1A

ROAD

2,500

2,500

 

3,090

4,512

-

46

5201-5500 Total

 

 

 

 

 

 

17,500

17,500

 

 

 

 

 

WG

 

R

SCCL

29-Apr-14

WASHERY REJECTS

ROAD

10,000

476

 

338

338

-

-

WG

 

G9

SCCL

29-Apr-14

MANUGURU WASHERY

ROAD

15,000

306

 

2,778

2,778

-

-

WG Total

 

 

 

 

 

 

25,000

782

 

 

 

 

 

Total

 

 

 

 

 

 

144,500

116,258