Small offering of G4 grade sees good demand in March e-auction
07 Apr 2015
April 7: A sharp decline in offered quantity appears to have affected realisations for G4 grade coal (GCV between 6,101 and 6,400 Kcal/kg) in the month of February.
The offered quantity in March slipped to 37,380 tons, nearly all of which got allotted, from a high 1,57,204 tons in February as a result the weighted average realisation price jumped to Rs 6,228 per ton from a low of 4,842 tons in February when allotted quantity stood at 1,29,936 tons.
G4 grade coal offered for allotment through coaljunction in January 2015 had met with a fair demand as out of the entire offered quantity of 129,680 tons of coal, 123,982 tons got allotted and the weighted average price of the allotted quantity during the month stood at Rs 4,823/ton.
Following table provides detail of G4 grade offering on coaljunction platform in March 2014:
GCV Range |
Grade / GCV Band |
Size |
Name of The Company |
e-Auction Date |
Mode of Despatch |
Ex Location |
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 (%) |
WTD AVG |
6101-6400 |
G4 |
STM |
ECL |
24-Mar-15 |
ROAD |
CHINAKURI-3 PIT : Borachak R-VIII |
1,500 |
1,500 |
3,670 |
3,670 |
7,080 |
93 |
93 |
|
6101-6400 |
G4 |
STM |
ECL |
24-Mar-15 |
ROAD |
Dhemomain:; Borachak (R-VIII) |
500 |
490 |
3,670 |
3,670 |
6,297 |
72 |
72 |
|
6101-6400 |
G4 |
STM |
ECL |
24-Mar-15 |
ROAD |
S.S.INCLINE:SRIPUR (R-VI) |
2,500 |
2,480 |
3,670 |
3,670 |
6,817 |
86 |
86 |
|
6101-6400 |
G4 |
STM |
ECL |
24-Mar-15 |
ROAD |
BHANORA W.B. MINE :Sripur R-VI |
1,500 |
1,500 |
3,670 |
3,670 |
6,534 |
78 |
78 |
|
6101-6400 |
G4 |
STM |
ECL |
24-Mar-15 |
ROAD |
KALIDASPUR PROJECT: R IX(T&B) |
1,500 |
1,500 |
3,670 |
3,670 |
5,422 |
48 |
48 |
|
6101-6400 |
G4 |
STM |
ECL |
24-Mar-15 |
ROAD |
SONEPUR BAZARI PROJECT: Chora(R-VI, Dobrana (R-V), Chinchuria (R-IV) |
15,000 |
15,000 |
3,670 |
3,670 |
6,729 |
83 |
83 |
|
6101-6400 |
G4 |
CCL |
27-Mar-15 |
ROAD |
BHURKUNDA |
1,900 |
1,900 |
3,670 |
3,670 |
6,368 |
74 |
74 |
||
6101-6400 |
G4 |
CCL |
27-Mar-15 |
ROAD |
BIRSA PROJECT |
7,600 |
7,600 |
3,670 |
3,670 |
5,501 |
50 |
50 |
||
6101-6400 |
G4 |
CCL |
27-Mar-15 |
ROAD |
ARGADA |
230 |
230 |
3,670 |
3,670 |
5,659 |
54 |
54 |
||
6101-6400 |
G4 |
CCL |
27-Mar-15 |
ROAD |
BHURKUNDA SANGAM |
5,150 |
5,150 |
3,670 |
3,670 |
5,422 |
48 |
48 |
||
6101-6400 Total |
37,380 |
37,350 |
6,228 |