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Strong demand for G3 grade coal in Jan e-auction

03 Feb 2016

There was strong demand for 53,600 tons of G3 grade coal (GCV between 6,401 and 6,700 Kcal/kg) offered by South Eastern Coalfields Limited (SECL), Eastern Coalfields Limited (ECL) and Central Coalfields Limited (CCL) for allotment through coaljunction in January 2016, as 43,060 tons got allotted at a weighted average price of Rs 4,347 per ton, as per data available with ICMW.

 

However, there was strong demand for 49,900 tons of G3 grade coal offered by ECL and CCL for allotment through coaljunction in December 2015, out of which 37,482 tons got allotted at a weighted average price of Rs 4,703 per ton.

 

There was nil demand for 10,000 tons of G3 grade coal offered by South Eastern Coalfields (SECL) for allotment through coaljunction in November 2015.

 

Following table provides details of the e-auction of G3 grade coal on coaljunction in January 2016:

 

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Ex Location

Mode of Despatch

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 (%)

6401-6700

G3

STM

SECL

19-Jan-16

AMADAND UG

ROAD

              2,000

           1,150

                    4,070

                    4,070

                    4,071

                               0

                               0

6401-6700

G3

STM

ECL

27-Jan-16

CENTRAL KAJORA : Lower Kajora R-VIII T

ROAD

              2,000

           1,859

                    4,070

                    4,070

                    4,071

                               0

                               0

6401-6700

G3

STM

ECL

27-Jan-16

NINGHA:Dishergarh(R-IV)

ROAD

                 700

              700

                    4,070

                    4,070

                    4,726

                             16

                             16

6401-6700

G3

STM

ECL

28-Jan-16

Khaskajora::Lower Kajora(R-VIIIT)

ROAD

              4,000

           4,000

                    4,070

                    4,070

                    4,078

                               0

                               0

6401-6700

G3

STM

ECL

28-Jan-16

JAMBAD : KENDA (R-VI)

ROAD

              4,500

           4,500

                    4,070

                    4,070

                    5,022

                             23

                             23

6401-6700

G3

STM

ECL

28-Jan-16

BANSRA: : (Kenda R-VI )

ROAD

              5,000

           3,361

                    4,070

                    4,070

                    4,071

                               0

                               0

6401-6700

G3

STM

ECL

28-Jan-16

Kunustoria::Kenda ( RV/VI )

ROAD

              1,500

           1,500

                    4,070

                    4,070

                    4,401

                               8

                               8

6401-6700

G3

STM

ECL

28-Jan-16

CHITRA-A OC::Saharjori / Patrika

ROAD

             20,000

         20,000

                    4,070

                    4,070

                    4,402

                               8

                               8

6401-6700

G3

 

CCL

29-Jan-16

RELIGARA

ROAD

             13,900

           5,960

                    4,070

                    4,070

                    4,070

                             -  

                              -  

6401-6700 Total

 

 

 

 

 

 

           53,600

        43,030