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Strong demand for coking coal in Jan e-auction

24 Feb 2014

February 24: Strong demand was witnessed for washery grade (W3 & W4) coking coal offered by Bharat Coking Coal Limited (BCCL) and Central Coalfields Limited (CCL) for allotment through the MSTC platform during the month of January 2014.
In January 2014, a total of 288,900 tons of coking coal were offered for allotment out of which 286,980 tons got allotted and the weighted average price of the material stood at Rs 3,066 per ton.

However, during December 2013, a total of 291,540 tons of the material were offered for allotment out of which 291,520 tons got allotted and the weighted average price of the material stood at Rs 3,033 per ton.

In November 2013, a total of 205,600 tons of coking coal were offered for allotment out of which 203,280 tons got allotted and the weighted average price of the material stood at Rs 3,124 per ton.

Following are the details of e-auction for coking coal via the MSTC platform in January 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Allotted qty (In tons)

(ANP)Average Notified Price (in Rs)

(ARP)Average Reserve Price (In Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

W3

 

ROM

CCL

29-Jan-14

ROAD

PUNDI

3700

3700

1,740

2,262

3,102

78.26

37.13

W3

 

STM

CCL

29-Jan-14

ROAD

TOPA

2300

2270

1,740

2,262

3,598

106.78

59.06

W3

 

ROM

CCL

29-Jan-14

ROAD

DHORI

300

260

1,740

2,262

3,778

117.14

67.03

W3

 

STEAM

BCCL

21-Jan-14

ROAD

GHANOODIH OCP

7000

7000

1,950

2,535

3,474

78.13

37.02

W3

 

STEAM

BCCL

21-Jan-14

ROAD

SOUTH JHARIA

7900

7900

1,950

2,535

3,985

104.34

57.18

W3

 

STEAM

BCCL

21-Jan-14

ROAD

MURAIDIH SSY

500

500

1,950

2,535

3,782

93.95

49.19

W3

 

STEAM

BCCL

21-Jan-14

ROAD

DHANSAR

18000

18000

1,950

2,535

3,806

95.18

50.14

W3

 

STEAM

BCCL

21-Jan-14

ROAD

GODHUR

8000

6150

1,950

2,535

2,552

30.87

0.67

W3

 

STEAM

BCCL

21-Jan-14

ROAD

BASTACOLLA SSY

1500

1500

1,950

2,535

3,586

83.89

41.45

W3

 

STEAM

BCCL

21-Jan-14

ROAD

DOBARI SSY

8000

8000

1,950

2,535

3,059

56.87

20.67

W3

 

STEAM

BCCL

21-Jan-14

ROAD

NUDKHURKEE SSY

5000

5000

1,950

2,535

3,325

70.50

31.15

W3

 

STEAM

BCCL

21-Jan-14

ROAD

BENEDIH SSY

7000

7000

1,950

2,535

3,222

65.22

27.09

W3

 

STEAM

BCCL

21-Jan-14

ROAD

NICHITPUR SSY

4000

4000

1,950

2,535

3,737

91.63

47.41

W3

 

STEAM

BCCL

21-Jan-14

ROAD

TETULMARI

6000

6000

1,950

2,535

3,846

97.21

51.70

W3

 

STEAM

BCCL

21-Jan-14

ROAD

KUSUNDA OCP

31750

31750

1,950

2,535

3,779

93.78

49.06

W3

 

STM

CCL

29-Jan-14

ROAD

JARANGDIH

20000

20000

1,740

2,262

2,914

67.45

28.81

W3

 

STM

CCL

29-Jan-14

ROAD

GOVINDPUR PHASE II

12700

12700

1,740

2,262

3,495

100.86

54.51

 

 

 

 

 

 

 

143650

141730

 

 

 

 

 

W4

 

STM

CCL

29-Jan-14

ROAD

KARO OCP

16350

16350

1,640

2,132

2,646

61.32

24.09

W4

 

ROM

BCCL

21-Jan-14

RAIL

AKWMC

60000

60000

1,650

2,145

2,270

37.60

5.84

W4

 

ROM

CCL

29-Jan-14

ROAD

JHARKHAND OCP

68900

68900

1,460

1,898

3,026

107.24

59.42

 

 

 

 

 

 

 

145250

145250

 

 

 

 

 

Total

 

 

 

 

 

 

288900

286980