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Very high demand for G12 in October on other platform

24 Nov 2015

India Coal Market Watch

November 23: Very strong demand was witnessed in October 2015 for G12 grade (GCV 3,701 to 4,000 Kcal/kg) coal offered by CIL subsidiaries through the e-auction platform of MSTC as out of 1,337,000 tons, 1,239,000 tons got allotted at a weighted average price of Rs 1,361 per ton, as per data available with ICMW.

 Strong demand was witnessed in September 2015 for G12 grade coal offered by CIL subsidiaries through the e-auction platform of MSTC as out of 1,675,000 tons, 1,122,700 tons got allotted at a weighted average price of Rs 1,444 per ton.

 Similar kind of strong demand was witnessed in August 2015 for G12 grade coal offered by CIL subsidiaries through the e-auction platform of MSTC as out of 393,600 tons, 351,400 tons got allotted at a weighted average price of Rs 1,235 per ton.

Following are details of the e-auction of G12 grade on MSTC in October 2015:

 

GCV Range

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 (%)

3701-4000

G12

ROM

SECL

29-Oct-15

ROAD

Manikpur OC (Stock)

1,12,000

1,12,000

890

1,068

1,403

58

31

3701-4000

G12

ROM

SECL

29-Oct-15

ROAD

Jampali OC

50,000

50,000

890

1,068

1,167

31

9

3701-4000

G12

ROM

CCL

27-Oct-15

ROAD

AMRAPALI COAL SALES CENTRE

2,00,000

1,02,000

890

1,068

1,068

20

-

3701-4000

G12

ROM

SECL

19-Oct-15

ROAD

Chhal OC

2,50,000

2,50,000

890

1,068

1,330

49

25

3701-4000

G12

ROM

MCL

13-Oct-15

ROAD

Lingaraj

2,00,000

2,00,000

890

1,068

1,450

63

36

3701-4000

G12

ROM

MCL

13-Oct-15

ROAD

Jagannath

25,000

25,000

890

1,068

1,779

100

67

3701-4000

G12

ROM

MCL

13-Oct-15

ROAD

Bhubaneswari

20,000

20,000

890

1,068

1,772

99

66

3701-4000

G12

ROM

MCL

13-Oct-15

ROAD

Ananta

70,000

70,000

890

1,068

1,678

89

57

3701-4000

G12

ROM

MCL

13-Oct-15

ROAD

Bharatpur

60,000

60,000

890

1,068

1,583

78

48

3701-4000

G12

ROM

MCL

13-Oct-15

ROAD

Kaniha

2,00,000

2,00,000

890

1,068

1,068

20

0.03

3701-4000

G12

Steam

MCL

13-Oct-15

ROAD

Samleswari

1,00,000

1,00,000

1,070

1,284

1,592

49

24

3701-4000

G12

Steam

MCL

13-Oct-15

ROAD

Hingula

50,000

50,000

1,070

1,284

1,491

39

16

3701-4000 Total

 

 

 

 

 

 

13,37,000

12,39,000