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Very strong demand for G12 in Nov on other platform

23 Dec 2015

India Coal Market Watch

December 23: Very strong demand was witnessed in November 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 902,000 tons, 854,990 tons got allotted at a weighted average price of Rs 1,255 per ton, as per data available with ICMW.

Similar kind of very strong demand was witnessed in October 2015 for G12 grade offered by CIL subsidiaries through 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.

Strong demand was witnessed in September 2015 for G12 grade coal offered by CIL subsidiaries through 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.

Following are details of the e-auction of G12 grade on MSTC in November 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

23-Nov-15

ROAD

Manikpur OC (Stock)

            1,42,000

           1,42,000

                                  890

                               1,068

                               1,176

                           32

                           10

3701-4000

G12

ROM

CCL

21-Nov-15

ROAD

AMRAPALI COAL SALES CENTRE (SM)

            3,00,000

           2,53,000

                                  890

                               1,068

                               1,068

                           20

                           -  

3701-4000

G12

ROM

MCL

19-Nov-15

ROAD

Lingaraj

              40,000

              40,000

                                  890

                               1,068

                               1,657

                           86

                           55

3701-4000

G12

ROM

MCL

19-Nov-15

ROAD

Ananta

              90,000

              90,000

                                  890

                               1,068

                               1,876

                         111

                           76

3701-4000

G12

ROM

MCL

19-Nov-15

ROAD

Bharatpur

              10,000

              10,000

                                  890

                               1,068

                               1,597

                           79

                           50

3701-4000

G12

ROM

MCL

19-Nov-15

ROAD

Kaniha

            1,80,000

           1,80,000

                                  890

                               1,068

                               1,068

                           20

                            0

3701-4000

G12

Steam

MCL

19-Nov-15

ROAD

Lilari

              20,000

              20,000

                               1,070

                               1,284

                               1,397

                           31

                            9

3701-4000

G12

Steam

MCL

19-Nov-15

ROAD

Samleswari

            1,00,000

           1,00,000

                               1,070

                               1,284

                               1,293

                           21

                            1

3701-4000

G12

Steam

MCL

19-Nov-15

ROAD

Hingula

              20,000

              19,990

                               1,070

                               1,284

                               1,766

                           65

                           38

3701-4000 Total

 

 

 

 

 

 

          9,02,000

          8,54,990