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Coal news and updates

SCCL offerings see good demand at March spot e-auction

02 Apr 2014

April 2: Good demand was witnessed for coal offered by Singareni Collieries Company Ltd (SCCL) for allotment through the e-auction platform of coaljunction during March 2014 as out of 131,000 tons offered, 103,893 tons got allotted at a weighted average price of Rs 2,209 per ton.

However, 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.

Meanwhile, in January, 2013 out of 108,000 tons of coal offered, 86,335 tons got allotted at a weighted average price of Rs 1,702 per ton.

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

GCV Range

Grade / GCV Band

Size

Client

e-Auction Date

Ex Location

Mode of Despatch

Quantity Offered (t)

Quantity Allotted (t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% Increase Over Reserve Price (%)

% Increase over Notified Price (%)

2201-2500

G17

CRR

SCCL

26-Mar-14

KOYAGUDEM OCP

ROAD

20,000

20,000

630

 

992

57

-

2201-2500 Total

 

 

 

 

 

 

20,000

20,000

 

 

 

 

 

3401-3700

G13

CRR

SCCL

26-Mar-14

KOYAGUDEM OCP

ROAD

15,000

15,000

1,125

 

1,724

53

-

3401-3700

G13

CRR

SCCL

26-Mar-14

21 INCLINE

ROAD

2,000

2,000

1,125

 

1,848

64

-

3401-3700 Total

 

 

 

 

 

 

17,000

17,000

 

 

 

 

 

4001-4300

G11

RND

SCCL

26-Mar-14

KTK CHP

ROAD

10,000

10,000

2,025

 

2,550

26

-

4001-4300 Total

 

 

 

 

 

 

10,000

10,000

 

 

 

 

 

4301-4600

G10

RND

SCCL

26-Mar-14

KTK-1A

ROAD

15,000

15,000

2,430

 

2,462

1

-

4301-4600 Total

 

 

 

 

 

 

15,000

15,000

 

 

 

 

 

4601-4900

G9

ROM

SCCL

26-Mar-14

RK-5

ROAD

4,000

4,000

2,250

 

3,134

39

-

4601-4900

G9

ROM

SCCL

26-Mar-14

RK-6

ROAD

4,000

4,000

2,250

 

3,270

45

-

4601-4900

G9

ROM

SCCL

26-Mar-14

PVK-5

ROAD

15,000

15,000

2,250

 

3,521

56

-

4601-4900

G9

ROM

SCCL

26-Mar-14

SRP-1

ROAD

2,000

2,000

2,250

 

3,003

33

-

4601-4900 Total

 

 

 

 

 

 

25,000

25,000

 

 

 

 

 

5801-6100

G5

ROM

SCCL

26-Mar-14

KTK-2

ROAD

5,000

102

4,320

 

4,680

8

-

5801-6100

G5

RND

SCCL

26-Mar-14

KTK 6

ROAD

3,000

3,000

4,540

 

5,076

12

-

5801-6100

G5

SLK

SCCL

26-Mar-14

KTK 6

ROAD

6,000

No Bid

4,340

 

NA

-

-

5801-6100 Total

 

 

 

 

 

 

14,000

3,102

 

 

 

 

 

WG

 

SL

SCCL

26-Mar-14

WASHERY SLURRY (MANUGURU)

ROAD

10,000

1,258

427

 

427

-

-

WG

 

FIN

SCCL

26-Mar-14

WASHERY FINES

ROAD

10,000

10,000

1,110

 

1,622

46

-

WG

 

R

SCCL

26-Mar-14

WASHERY REJECTS

ROAD

10,000

2,533

338

 

346

2

-

WG Total

 

 

 

 

 

 

30,000

13,791

 

 

 

 

 

Total

 

 

 

 

 

 

131,000

103,893