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Weak demand for coal in Dec forward e-auction

27 Jan 2014

January 27: During December 2013, out of a total quantity of 1,535,000 tons of different grades of coal offered for allotment by MCL on MSTC's e-auction platform, only 525,000 tons got allotted at a weighted average price of Rs 1,290 per ton.

However, during November 2013, out of a total quantity of 110,900 tons of different grades of coal offered for allotment by Western Coalfields Limited (WCL) on MSTC's e-auction platform, only 10,650 tons got allotted at a weighted average price of Rs 2,715 per ton.

Following are the details of forward e-auction of coal on MSTC's platform in December:

Company Name

Event Date

Mode

Colliery

Grade

Size

Qty offered (In tons)

Qty Allotted (In tons)

(TNP)Total Notified Price (in Rs)

(TRP) Total Reserve Price (In Rs)

(TAP) Total Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

MCL

11.12.2013

ROAD

BHUBANESWARI

3701-4000

ROM

30000

30000

26700000

32040000

35053600

31.29

9.41

MCL

11.12.2013

ROAD

BHUBANESWARI

3701-4000

ROM

75000

75000

66750000

80100000

88677800

32.85

10.71

MCL

11.12.2013

ROAD

BHUBANESWARI

3701-4000

ROM

75000

75000

66750000

80100000

85200000

27.64

6.37

MCL

11.12.2013

ROAD

BHUBANESWARI

3701-4000

ROM

75000

75000

66750000

80100000

89150000

33.56

11.3

MCL

11.12.2013

ROAD

LINGARAJ

3701-4000

ROM

30000

30000

26700000

32040000

33873600

26.87

5.72

MCL

11.12.2013

ROAD

LINGARAJ

3701-4000

ROM

30000

30000

26700000

32040000

35640000

33.48

11.24

MCL

11.12.2013

ROAD

LINGARAJ

3701-4000

ROM

30000

30000

26700000

32040000

35190000

31.8

9.83

MCL

11.12.2013

ROAD

LINGARAJ

3701-4000

ROM

30000

30000

26700000

32040000

35340000

32.36

10.3

MCL

11.12.2013

ROAD

HBI

4901-5200

Steam

120000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

HBI

4901-5200

Steam

120000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

HBI

4901-5200

Steam

120000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

HBI

4901-5200

Steam

120000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Orient-4

5201-5500

Steam

7500

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Orient-4

5201-5500

Steam

7500

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Orient-4

5201-5500

Steam

7500

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Orient-4

5201-5500

Steam

7500

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Orient-3

4901-5200

Steam

60000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Orient-3

4901-5200

Steam

60000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Orient-3

4901-5200

Steam

60000

60000

112200000

134640000

134640000

20

0

MCL

11.12.2013

ROAD

Orient-3

4901-5200

Steam

60000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Orient-2

4901-5200

Steam

60000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Orient-2

4901-5200

Steam

60000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Orient-2

4901-5200

Steam

60000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Orient-2

4901-5200

Steam

60000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Kulda

4001-4300

ROM

45000

45000

42750000

51300000

51360000

20.14

0.12

MCL

11.12.2013

ROAD

Basundhara

4001-4300

ROM

45000

45000

42750000

51300000

52680000

23.23

2.69

MCL

11.12.2013

ROAD

Nandira

5801-6100

Steam

10000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Nandira

5801-6100

Steam

10000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Nandira

5801-6100

Steam

10000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Nandira

5801-6100

Steam

10000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Talcher

5801-6100

Steam

10000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Talcher

5801-6100

Steam

10000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Talcher

5801-6100

Steam

10000

0

0

0

0

0

0

MCL

11.12.2013

ROAD

Talcher

5801-6100

Steam

10000

0

0

0

0

0

0

Total

1,535,000

525,000