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 |