Strong demand for coking coal in Apr e-auction
06 May 2015
May 6: Washery grade coking coal (W3, W4) offered by two CIL subsidiaries – BCCL and CCL – in April on coaljunction met with very strong demand from steel-makers and, consequently, prices fell a bit on the offered quantity.
The entire offered quantity of 149,300 tons during the month got allotted. On the other hand, of the total offered quantity of 197,100 tons during the month of March, 177,980 tons or 90% of the offered quantity was allotted.
However, the weighted average price in April fell to Rs 3,874 per ton from Rs 4,190 per ton in March.
In February 2015, the entire offered quantity of 259,450 tons got allotted at a weighted average price Rs 3,755 per ton in February.
Following are the details of e-auction of coking coal in April, 2015:
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./Ton) |
Reserve Price (Rs./Ton) |
Average Price in Rs/Ton |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
W3 |
|
STM |
BCCL |
22-Apr-15 |
ROAD |
Muraidih SSY |
5,000 |
5,000 |
1,950 |
2,535 |
2,812 |
44 |
11 |
W3 |
|
STM |
BCCL |
22-Apr-15 |
ROAD |
Shatabdi |
10,500 |
10,500 |
1,950 |
2,535 |
2,994 |
54 |
18 |
W3 |
|
STM |
BCCL |
22-Apr-15 |
ROAD |
Benedih SSY |
5,000 |
5,000 |
1,950 |
2,535 |
3,697 |
90 |
46 |
W3 |
|
STM |
BCCL |
22-Apr-15 |
ROAD |
Nudkhurkee SSY |
5,000 |
5,000 |
1,950 |
2,535 |
3,606 |
85 |
42 |
W3 |
|
STM |
BCCL |
22-Apr-15 |
ROAD |
Nichitpur SSY |
3,000 |
3,000 |
1,950 |
2,535 |
4,045 |
107 |
60 |
W3 |
|
STM |
BCCL |
22-Apr-15 |
ROAD |
Tetulmari |
6,000 |
6,000 |
1,950 |
2,535 |
4,393 |
125 |
73 |
W3 |
|
STM |
BCCL |
22-Apr-15 |
ROAD |
Kusunda OCP |
65,600 |
65,600 |
1,950 |
2,535 |
3,871 |
99 |
53 |
W3 |
|
STM |
BCCL |
22-Apr-15 |
ROAD |
Dhansar |
16,800 |
16,800 |
1,950 |
2,535 |
4,317 |
121 |
70 |
W3 |
|
STM |
BCCL |
22-Apr-15 |
ROAD |
Godhur |
1,500 |
1,500 |
1,950 |
2,535 |
3,011 |
54 |
19 |
W3 |
|
STM |
BCCL |
22-Apr-15 |
ROAD |
GODHUR OCP 15 QRY |
5,000 |
5,000 |
1,950 |
2,535 |
4,195 |
115 |
65 |
W3 |
|
STM |
BCCL |
22-Apr-15 |
ROAD |
Bastacolla SSY |
2,000 |
2,000 |
1,950 |
2,535 |
4,390 |
125 |
73 |
W3 |
|
STM |
BCCL |
22-Apr-15 |
ROAD |
Bera |
2,000 |
2,000 |
1,950 |
2,535 |
4,508 |
131 |
78 |
W3 |
|
STM |
BCCL |
22-Apr-15 |
ROAD |
South Jharia |
4,000 |
4,000 |
1,950 |
2,535 |
4,715 |
142 |
86 |
W3 |
|
STM |
BCCL |
22-Apr-15 |
ROAD |
LOHAPATTI 16/17 INC. |
150 |
150 |
1,950 |
2,535 |
2,842 |
46 |
12 |
W3 |
|
STM |
CCL |
23-Apr-15 |
ROAD |
Tarmi OS |
1,050 |
1,050 |
1,740 |
2,262 |
3,970 |
128 |
76 |
W3 |
|
STM |
CCL |
23-Apr-15 |
ROAD |
PUNDI |
2,000 |
2,000 |
1,740 |
2,262 |
3,588 |
106 |
59 |
W3 |
|
STM |
CCL |
23-Apr-15 |
ROAD |
KEDLA OCP |
4,700 |
4,700 |
1,740 |
2,262 |
4,770 |
174 |
111 |
W4 |
|
ROM |
CCL |
23-Apr-15 |
ROAD |
SEL DHORI Q-III |
10,000 |
10,000 |
1,460 |
1,898 |
3,506 |
140 |
85 |
W3 & W4 Total |
|
|
|
|
|
|
1,49,300 |
1,49,300 |
|
|
|
|
|