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Strong demand seen for G10 grade in March e-auction

26 Apr 2016

Strong demand was witnessed in March 2016 for G10 grade (GCV 4,301 to 4,600 Kcal/kg) coal offered by CIL subsidiaries for allotment through MSTC as out of an offered quantity of 913,030 tons, 619,936 tons got allotted at a weighted average price of Rs 1,386 per ton, as per data available with ICMW.

Similar kind of strong demand was witnessed in February 2016 for G10 grade coal offered by CIL subsidiaries for allotment through MSTC as out of an offered quantity of 1,058,780 tons, 610,160 tons got allotted at a weighted average price of Rs 1,514 per ton.

Strong demand was witnessed in January 2016 too for G10 grade coal offered by CIL subsidiaries for allotment through MSTC as out of an offered quantity of 1,340,488 tons, 938,918 tons got allotted at a weighted average price of Rs 1,568 per ton.

Following are details of the e-auctions of G10 grade on MSTC in March 2016:
 

GCV Range

Grade / GCV Band

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 (%)

4301-4600

G10

ROM

CCL

28-Mar-16

ROAD

BENTI COAL DUMP ASHOKA

         200,000

           68,140

                             1,160

                              1,392

                                1,392

                             20

                             -  

4301-4600

G10

ROM

CCL

28-Mar-16

ROAD

KDH

           20,000

           20,000

                             1,160

                              1,392

                                1,464

                             26

                               5

4301-4600

G10

n

CCL

28-Mar-16

ROAD

RAJRAPPA REJECTS

             9,000

            9,000

                             1,160

                              1,392

                                1,398

                             21

                          0.43

4301-4600

G10

n

CCL

22-Mar-16

ROAD

PIPARWAR SLURRY (MECHANICAL LOADING)

           20,000

               500

                             1,160

                              1,392

                                1,402

                             21

                               1

4301-4600

G10

ROM

SECL

18-Mar-16

ROAD

Dipka Expn. (Stock )

         100,000

         100,000

                               860

                                946

                                1,272

                             48

                             34

4301-4600

G10

n

NCL

17-Mar-16

RAIL

Jhingurda

         136,290

         136,290

                             1,160

                              1,392

                                1,392

                             20

                          0.02

4301-4600

G10

n

NCL

17-Mar-16

RAIL

Jayant (Dudhichua Wharfwall)

         155,760

         112,926

                             1,160

                              1,392

                                1,392

                             20

                             -  

4301-4600

G10

n

NCL

17-Mar-16

RAIL

Jayant (Spur - I Wharfwall)

           77,880

           77,880

                             1,160

                              1,392

                                1,396

                             20

                          0.25

4301-4600

G10

n

NCL

17-Mar-16

ROAD

Jhingurda

           60,000

           60,000

                             1,160

                              1,392

                                1,394

                             20

                          0.18

4301-4600

G10

n

NCL

17-Mar-16

ROAD

Kakri

           35,000

           35,000

                             1,160

                              1,392

                                1,571

                             35

                             13

4301-4600

G10

STEAM

MCL

8-Mar-16

ROAD

Basundhara

           50,000

                 -  

                                 -  

                                  -  

                                     -  

                             -  

                             -  

4301-4600

G10

STEAM

MCL

8-Mar-16

ROAD

Kulda

           50,000

               200

                             1,340

                              1,608

                                1,608

                             20

                             -  

4301-4600 Total

 

 

 

 

 

 

        913,930

       619,936