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Spot offering on coaljunction sharply rises in FY16

04 Apr 2016

A rise in the offered and allotted quantities of coal by Coal India Ltd (CIL) subsidiaries was seen on coaljunction in financial year 2015-16 compared to 2014-15, but the allotted quantity remained almost unchanged, according to provisional data available with ICMW.

 

The total offering during 2015-16 rose 50.73% to 40,551,939 tons compared to the 2014-15 offering of 26,904,146 tons, while the allotted quantity was up by 0.52% to 23,847,034 tons in 2015-16 from 23,724,152 tons in 2014-15.

 

In March, the last month of 2015-16, the total offering was down 27.58% to 3,784,280 tons compared to the February offering of 5,226,016 tons, while the allotted quantity was down by 31.45% to 1,916,415 tons in March 2016 from 2,795,708 tons in February 2016.

 

Following table provides month-wise details of offered and allotted quantities under spot e-auction of CIL subsidiaries on coaljunction in 2015-16 and 2014-15:

 

 

Month

2015-16

2014-15

CIL

CIL

Qty offered

Qty allotted

Qty offered

Qty allotted

 (in tons)

 (in tons)

(in tons)

(in tons)

April

2,631,970

2,209,695

2,215,130

1,972,181

May

1,349,220

1,034,769

3,962,398

3,713,848

June

2,818,120

2,381,536

1,514,810

1,298,490

July

4,209,750

3,220,158

1,679,390

1,550,827

August

2,713,957

1,236,319

526,560

488,063

September

2,576,818

1,289,648

545,420

491,505

October

7,864,918

3,370,380

848,200

718,342

November

2,784,470

1,683,170

2,319,780

2,205,260

December

3,024,600

1,884,280

3,934,940

3,142,473

January

1,567,820

824,956

3,004,230

2,471,632

February

5,226,016

2,795,708

3,712,298

3,424,496

March

3,784,280

1,916,415

2,640,990

2,247,035

Total (Apr-Mar)

40,551,939

23,847,034

26,904,146

23,724,152