Very poor demand for G9 grade in November e-auction
08 Dec 2015
India Coal Market Watch
December 7: Very poor demand was witnessed in the e-auction of G9 grade coal (GCV ranging between 4,601-4,900 Kcal/kg) on the coaljunction platform in November 2015 as out of the entire offering of 253,200 tons by CCL and WCL, only 9,340 tons were allotted at a weighted average price of Rs 1,942 per ton, according to data available with ICMW.
Low demand was witnessed in the e-auction of G9 grade on coaljunction in October 2015 as out of the entire offering of 301,350 tons by CCL and WCL, 136,230 tons were allotted at a weighted average price of Rs 2,449 per ton.
In September, fair demand was witnessed in the auction of this grade of coal as out of the entire offering of 293,400 tons by CCL and WCL, around 180,840 tons were allotted at a weighted average price of Rs 2,387 per ton.
Following are the details of the e-auction of G9 grade on coaljunction in November 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./t) |
Reserve Price (Rs./t) |
Average Price in Rs/Mt |
% Increase over Notified Price (%) |
% Increase Over Reserve Price (%) |
4601-4900 |
G9 |
SLURRY |
WCL |
23-Nov-15 |
ROAD |
NANDAN WASHERY |
25,000 |
330 |
1,590 |
1,908 |
1,908 |
20 |
- |
4601-4900 |
G9 |
CRUROM |
WCL |
23-Nov-15 |
ROAD |
KOLARPIMPRI |
3,200 |
3,200 |
1,570 |
1,974 |
2,617 |
67 |
33 |
4601-4900 |
G9 |
ROM |
CCL |
30-Nov-15 |
ROAD |
PURNADIH |
25,000 |
760 |
1,310 |
1,572 |
1,572 |
20 |
- |
4601-4900 |
G9 |
ROM |
CCL |
30-Nov-15 |
ROAD |
MASILONG COAL SALES CENTRE, MAGADH |
2,00,000 |
5,050 |
1,310 |
1,572 |
1,572 |
20 |
- |
4601-4900 Total |
|
|
|
|
|
|
2,53,200 |
9,340 |
|
|
|
|
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