Strong demand for G12 grade in Nov on coaljunction
09 Dec 2015
India Coal Market Watch
December 8: Strong demand was witnessed for a higher quantity of G12 grade coal (GCV of 3,701-4,000 Kcal/kg) grade offered by CCL and SECL for sale through coaljunction in October 2015 and the average weighted price also declined, according to data available with ICMW.
Out of the entire offered quantity of 595,000 tons of G12 grade on coaljunction in November 2015, a volume of 410,750 tons got allotted at a weighted average price of Rs 1,196 per ton.
However, low demand was witnessed for a higher quantity of G12 grade offered by CCL and SECL for sale through coaljunction in October 2015 and the average weighted price also declined.
Out of the entire offered quantity of 2,010,000 tons of G12 grade on coaljunction in October 2015, only 353,500 tons got allotted at a weighted average price of Rs 1,147 per ton.
In September, the offered quantity was low at 150,000 tons and the entire material was allotted at a weighted average price of Rs 1,198 per ton.
Following are the details of e-auction of G12 grade coal in November 2015 on coaljunction:
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 (%) |
3701-4000 |
G12 |
ROM |
SECL |
13-Nov-15 |
ROAD |
Baroud OCM |
1,50,000 |
1,50,000 |
890 |
1,068 |
1,073 |
21 |
0.47 |
3701-4000 |
G12 |
ROM |
SECL |
20-Nov-15 |
ROAD |
Chhal OC |
2,45,000 |
2,45,000 |
890 |
1,068 |
1,280 |
44 |
20 |
3701-4000 |
G12 |
ROM |
CCL |
30-Nov-15 |
ROAD |
AMRAPALI COAL SALES CENTRE |
2,00,000 |
15,750 |
890 |
1,068 |
1,068 |
20 |
- |
3701-4000 Total |
|
|
|
|
|
|
5,95,000 |
4,10,750 |
|
|
|
|
|