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Strong demand for coking coal in March e-auction

22 Apr 2014

April 22: 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 March 2014.

In March 2014, a total of 230,200 tons of coking coal were offered for allotment out of which 228,500 tons got allotted and the weighted average price of the material stood at Rs 3,265 per ton.

In February 2014, a total of 172,050 tons of coking coal was offered for allotment out of which 134,200 tons got allotted and the weighted average price of the material stood at Rs 3,113 per ton.

However, during January 2014, a strong demand was witnessed for coking coal e-auction as a total of 288,900 tons was offered for allotment and 286,980 tons got allotted and the weighted average price of the material stood at Rs 3,066 per ton.

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


GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Qty Alloted (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

 

STM

CCL

21-Mar-14

ROAD

AMLO

9,900

9,900

1,740

2,262

3,917

125.09

73.14

W3

 

STM

CCL

21-Mar-14

ROAD

TAPIN NORTH

10,500

10,500

1,740

2,262

4,331

148.93

91.49

W3

 

STM

CCL

21-Mar-14

ROAD

KEDLA OCP

8,000

8,000

1,740

2,262

4,211

141.99

86.15

W3

 

ROM

CCL

21-Mar-14

ROAD

SEL DHORI Q-III

11,700

11,700

1,740

2,262

3,842

120.81

69.85

W3

 

STM

CCL

21-Mar-14

ROAD

PAREJ(E)/ULAHARA

13,050

13,050

1,740

2,262

4,051

132.79

79.07

W3

 

ROM

CCL

21-Mar-14

ROAD

GOVINDPUR PHASE II

20,000

20,000

1,460

1,898

1,904

30.43

0.33

W3

 

STM

CCL

21-Mar-14

ROAD

PUNDI

10,000

10,000

1,740

2,262

3,253

86.96

43.82

W3

 

STM

CCL

21-Mar-14

ROAD

JARANGDIH

20,000

20,000

1,740

2,262

2,929

68.31

29.47

W3

 

STM

BCCL

20-Mar-14

ROAD

GHANOODIH OCP

10,000

10,000

1,950

2,535

2,876

47.5

13.46

W3

 

STM

BCCL

20-Mar-14

ROAD

BERA

10,000

10,000

1,950

2,535

3,103

59.15

22.42

W3

 

STM

BCCL

20-Mar-14

ROAD

SOUTH JHARIA

3,000

3,000

1,950

2,535

3,736

91.58

47.37

W3

 

STM

BCCL

20-Mar-14

ROAD

MURAIDIH SSY

500

500

1,950

2,535

3,655

87.44

44.18

W3

 

STM

BCCL

20-Mar-14

ROAD

DHANSAR

12,000

12,000

1,950

2,535

3,768

93.22

48.63

W3

 

STM

BCCL

20-Mar-14

ROAD

GODHUR

4,000

2,300

1,950

2,535

2,537

30.09

0.07

W3

 

STM

BCCL

20-Mar-14

ROAD

BASTACOLLA SSY

2,000

2,000

1,950

2,535

2,997

53.67

18.21

W3

 

STM

BCCL

20-Mar-14

ROAD

DOBARI SSY

8,000

8,000

1,950

2,535

2,542

30.38

0.29

W3

 

STM

BCCL

20-Mar-14

ROAD

NUDKHURKEE SSY

1,000

1,000

1,950

2,535

3,850

97.44

51.87

W3

 

STM

BCCL

20-Mar-14

ROAD

NICHITPUR SSY

4,000

4,000

1,950

2,535

3,736

91.57

47.36

W3

 

STM

BCCL

20-Mar-14

ROAD

TETULMARI

6,000

6,000

1,950

2,535

3,841

96.98

51.53

W3

 

STM

BCCL

20-Mar-14

ROAD

KUSUNDA OCP

40,000

40,000

1,950

2,535

3,148

61.45

24.19

W4

 

ROM

CCL

21-Mar-14

ROAD

JHARKHAND OCP

16,550

16,550

1,460

1,898

3,295

125.69

73.61

W4

 

STM

CCL

21-Mar-14

ROAD

KASHMAHAL

10,000

10,000

1,640

2,132

2,852

73.89

33.76

Total

 

 

 

 

 

 

230,200

228,500