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Coal news and updates

SCCL offerings see good demand in July spot e-auction

06 Aug 2014

August 6: Demand level was more or less good for coal offered by Singareni Collieries Company Ltd (SCCL) for allotment through the e-auction platform of coaljunction during July 2014 as out of 211,500 tons offered, 170,990 tons got allotted at a weighted average price of Rs 2,352 per ton.

Similar fair demand was also witnessed for coal offered by SCCL for allotment through the e-auction platform of coaljunction during June 2014 as out of 174,600 tons offered, 170,512 tons got allotted at a weighted average price of Rs 2,343 per ton.

On the other hand, moderate demand was witnessed for coal offered by SCCL for allotment through the e-auction platform of coaljunction during May 2014 as out of 302,600 tons offered, 243,834 tons got allotted at a weighted average price of Rs 2,297 per ton.

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

GCV Range

Grade

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 (Rs./t)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

2801-3100

G15

CRR

SCCL

31-Jul-14

JK 5 OCP

ROAD

30,000

30,000

855

1,285

1,663

95

29

2801-3100 Total

 

 

 

 

 

 

30,000

30,000

 

 

 

 

 

4001-4300

G11

ROM

SCCL

31-Jul-14

KHAIRGURA

ROAD

40,000

37,026

1,700

1,700

1,701

0.08

0.08

4001-4300 Total

 

 

 

 

 

 

40,000

37,026

 

 

 

 

 

4601-4900

G9

ROM

SCCL

31-Jul-14

KK - 5

ROAD

12,000

12,000

2,250

2,250

2,353

5

5

4601-4900

G9

ROM

SCCL

31-Jul-14

RK-8

ROAD

5,000

5,000

2,250

2,250

2,579

15

15

4601-4900

G9

CRR

SCCL

31-Jul-14

JVR OC

ROAD

10,000

7,803

2,340

2,340

2,340

-

-

4601-4900

G9

ROM

SCCL

31-Jul-14

GOLETI 1 INCL

ROAD

10,000

10,000

2,250

2,250

2,591

15

15

4601-4900 Total

 

 

 

 

 

 

37,000

34,803

 

 

 

 

 

4901-5200

G8

ROM

SCCL

31-Jul-14

GDK 7 LEP

ROAD

10,000

7,820

2,550

2,550

2,561

0.41

0.41

4901-5200 Total

 

 

 

 

 

 

10,000

7,820

 

 

 

 

 

5201-5500

G7

ROM

SCCL

31-Jul-14

KK-1

ROAD

15,000

15,000

2,580

2,760

3,113

21

13

5201-5500

G7

ROM

SCCL

31-Jul-14

KASIPETA

ROAD

10,000

10,000

2,580

2,760

2,808

9

2

5201-5500

G7

CRR

SCCL

31-Jul-14

MEDIPALLY OC

ROAD

30,000

13,158

2,660

2,850

2,850

7

-

5201-5500

G7

RND

SCCL

31-Jul-14

IK 1A

ROAD

2,500

2,500

2,987

3,090

4,597

54

49

5201-5500

G7

RND

SCCL

31-Jul-14

RK-1A

ROAD

2,000

2,000

2,987

3,090

4,210

41

36

5201-5500 Total

 

 

 

 

 

 

59,500

42,658

 

 

 

 

 

WG

WG

R

SCCL

31-Jul-14

WASHERY REJECTS

ROAD

10,000

-

338

338

-

-

-

WG

WG

G9

SCCL

31-Jul-14

MANUGURU WASHERY

ROAD

25,000

18,683

2,778

2,778

2,778

-

-

WG Total

 

 

 

 

 

 

35,000

18,683

 

 

 

 

 

Grand Total

 

 

 

 

 

 

211,500

170,990