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Coal news and updates

Sharp fall in e-auction demand for SCCL coal in Dec

07 Jan 2016

A sharp fall in the offered and allotted quantities of coal by Singareni Collieries Company (SCCL) was seen on coaljunction in December, according to provisional data available with ICMW.

 

The total offering during the month was down 55.58% to 362,500 tons compared to the November offering of 816,000 tons while the allotted quantity declined by 59.34% to 195,533 tons from 480,938 tons in November.

 

The total offered and allocated quantities by SCCL on coaljunction in 2014-15 stood at 3.02 mt and 1.91 mt as compared to 1.93 mt and 1.58 mt respectively in 2013-14

 

Following table provides details of SCCL’s offering and allotment on coaljunction in 2013-14, 2014-15 and 2015-16:

 

Month

2015-16

2014-15

2013-14

SCCL

SCCL

SCCL

Qty offered

Qty allotted

Qty offered

Qty allotted

Qty offered

Qty allotted

(in tons)

(in tons)

(in tons)

(in tons)

(in tons)

(in tons)

April

6,10,000

2,21,952

1,44,500

1,16,258

1,85,000

1,51,237

May

   

3,02,600

2,43,834

2,32,800

1,93,451

June

650400

1,89,571`

1,91,000

1,86,912

2,16,000

1,55,472

July

   

2,11,500

1,70,990

1,00,000

88,789

August

741000

2,52,371

1,09,000

90,856

82,700

67,871

September

Nil

Nil

3,67,000

2,74,623

98,000

90,125

October

Nil

Nil

1,85,000

1,33,615

1,28,700

91,450

November

8,16,000

4,80,938

1,66,000

86,483

92,000

82,000

December

3,62,500

1,95,533

5,94,000

2,80,468

2,73,000

1,96,285

January

   

7,47,500

3,28,395

1,08,000

86,335

February

   

Nil

Nil

2,87,000

2,71,338

March

   

Nil

Nil

1,31,000

1,03,893

Total (Apr-Dec)

31,79,900

13,40,365

22,70,600

15,84,039

14,08,200

11,16,680

Total (Apr-Mar)

31,79,900

13,40,365

30,18,100

19,12,434

19,34,200

15,78,246