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Coal news and updates

SCCL offerings see moderate demand in May spot e-auction

03 Jun 2014

June 3: Moderate demand was witnessed for coal offered by Singareni Collieries Company Ltd (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.

However, good demand was witnessed for coal offered by 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.

Meanwhile, 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.

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

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 in Rs/Mt

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

2201-2500

G17

CRR

SCCL

27-May-14

KOYAGUDEM OCP

ROAD

30,000

30,000

 

630

978

-

55

2201-2500 Total

 

 

 

 

 

 

30,000

30,000

 

 

 

 

 

2801-3100

G15

CRR

SCCL

28-May-14

JK 5 OCP

ROAD

15,000

15,000

 

1,245

1,396

-

12

2801-3100 Total

 

 

 

 

 

 

15,000

15,000

 

 

 

 

 

3401-3700

G13

CRR

SCCL

27-May-14

21 INCLINE

ROAD

4,000

4,000

 

1,125

1,870

-

66

3401-3700 Total

 

 

 

 

 

 

4,000

4,000

 

 

 

 

 

4001-4300

G11

RND

SCCL

27-May-14

KTK CHP

ROAD

10,000

10,000

 

2,025

2,396

-

18

4001-4300

G11

CRR

SCCL

28-May-14

KHAIRGURA

ROAD

40,000

40,000

 

1,785

2,295

-

29

4001-4300 Total

 

 

 

 

 

 

50,000

50,000

 

 

 

 

 

4301-4600

G10

RND

SCCL

27-May-14

KTK-1A

ROAD

10,000

10,000

 

2,430

2,687

-

11

4301-4600 Total

 

 

 

 

 

 

10,000

10,000

 

 

 

 

 

4601-4900

G9

ROM

SCCL

27-May-14

RK-5

ROAD

4,000

4,000

 

2,250

3,340

-

48

4601-4900

G9

ROM

SCCL

27-May-14

RK-6

ROAD

4,000

4,000

 

2,250

3,220

-

43

4601-4900

G9

ROM

SCCL

27-May-14

PVK-5

ROAD

10,000

10,000

 

2,250

3,351

-

49

4601-4900

G9

ROM

SCCL

27-May-14

SRP-1

ROAD

2,000

2,000

 

2,250

3,016

-

34

4601-4900

G9

ROM

SCCL

28-May-14

KK - 5

ROAD

8,000

8,000

 

2,250

2,865

-

27

4601-4900

G9

ROM

SCCL

28-May-14

RK-8

ROAD

8,000

8,000

 

2,250

2,845

-

26

4601-4900

G9

CRR

SCCL

28-May-14

DORLI OC II

ROAD

30,000

12,954

 

2,340

2,340

-

-

4601-4900

G9

CRR

SCCL

28-May-14

JVR OC

ROAD

10,000

9,996

 

2,340

2,340

-

-

4601-4900

G9

CRR

SCCL

28-May-14

SRP CHP

RAIL

16,200

16,200

 

2,340

2,958

-

26

4601-4900 Total

 

 

 

 

 

 

92,200

75,150

 

 

 

 

 

4901-5200

G8

ROM

SCCL

28-May-14

GDK 7 LEP

ROAD

2,000

2,000

 

2,550

3,009

-

18

4901-5200 Total

 

 

 

 

 

 

2,000

2,000

 

 

 

 

 

5201-5500

G7

ROM

SCCL

28-May-14

KK-1

ROAD

6,000

6,000

 

2,760

3,391

-

23

5201-5500

G7

ROM

SCCL

28-May-14

KASIPETA

ROAD

4,000

4,000

 

2,760

3,313

-

20

5201-5500

G7

RND

SCCL

28-May-14

IK 1A

ROAD

4,000

4,000

 

3,090

4,145

-

34

5201-5500

G7

CRR

SCCL

28-May-14

KCHP

RAIL

16,400

16,400

 

2,850

2,998

-

5

5201-5500 Total

 

 

 

 

 

 

30,400

30,400

 

 

 

 

 

5801-6100

G5

ROM

SCCL

27-May-14

KTK-2

ROAD

5,000

918

 

4,320

4,326

-

0

5801-6100

G5

RND

SCCL

27-May-14

KTK 6

ROAD

3,000

3,000

 

4,540

4,542

-

0

5801-6100

G5

SLK

SCCL

27-May-14

KTK 6

ROAD

6,000

No Bid

 

4,340

NA

-

-

5801-6100 Total

 

 

 

 

 

 

14,000

3,918

 

 

 

 

 

WG

 

SL

SCCL

27-May-14

WASHERY SLURRY

ROAD

10,000

2,856

 

427

427

-

-

WG

 

FIN

SCCL

27-May-14

WASHERY FINES

ROAD

10,000

10,000

 

1,110

1,757

-

58

WG

 

R

SCCL

27-May-14

WASHERY REJECTS

ROAD

10,000

10,000

 

338

347

-

3

WG

 

R

SCCL

28-May-14

WASHERY REJECTS

ROAD

10,000

No Bid

 

338

NA

-

-

WG

 

G9

SCCL

28-May-14

MANUGURU WASHERY

ROAD

15,000

510

 

2,778

2,778

-

-

WG Total

 

 

 

 

 

 

55,000

23,366

 

 

 

 

 

Grand Total

 

 

 

 

 

 

302,600

243,834