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Coking coal meets with moderate demand at e-auction in October

06 Nov 2013

November 6: Washery grade coking coal (W3 and W4) offered at e-auction conducted by coaljunction for Coal India Ltd (CIL) subsidiaries during October 2013 met with moderate demand as out of 212,300 tons offered, 181,080 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 3,406/ton.

In September 2013, the offered quantity met with moderate demand as out of 238,450 tons offered, 174,360 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 3180/ton.

However, In August, the offered quantity met with good demand as 85.13% of the 326,200 tons offered was allotted at a premium of 0-106%. The total allotted quantity stood at 277,700 tons and the weighted average price of the allotted quantity during the month stood at Rs 3,361/ton.

Following are the details of e-auction of coking coal in October:

 

Name of the Company

Month

Ex Location

Grade / GCV Band

GCV Range

Size

Mode of Despatch

Quantity Offered(t)

Quantity Allotted(t)

Reserve Price (Rs./t)

Notified Price (Rs./t)

Average Price in Rs/Mt

% increase over reserve price

% increase over notified price

BCCL

Oct-13

Muraidih SSY

W 3

 

STM

Road

1,000

1,000

2,535

2,113

4,095

62

94

BCCL

Oct-13

Nudkhurkee SSY

W 3

 

STM

Road

2,500

2,500

2,535

2,113

3,639

44

72

BCCL

Oct-13

Benedih SSY

W 3

 

STM

Road

1,500

1,500

2,535

2,113

3,736

47

77

BCCL

Oct-13

Nichitpur SSY

W 3

 

STM

Road

3,000

3,000

2,535

2,113

3,866

53

83

BCCL

Oct-13

Tetulmari

W 3

 

STM

Road

5,000

5,000

2,535

2,113

4,214

66

99

BCCL

Oct-13

Kusunda OCP

W 3

 

STM

Road

21,300

21,300

2,535

2,113

3,853

52

82

BCCL

Oct-13

Dhansar

W 3

 

STM

Road

8,000

8,000

2,535

2,113

4,245

67

101

BCCL

Oct-13

Godhur

W 3

 

STM

Road

1,000

1,000

2,535

2,113

2,931

16

39

BCCL

Oct-13

Bastacolla SSY

W 3

 

STM

Road

2,000

2,000

2,535

2,113

3,764

48

78

BCCL

Oct-13

Dobari SSY

W 3

 

STM

Road

8,000

8,000

2,535

2,113

3,101

22

47

BCCL

Oct-13

KUYA OCP OUTSOURCED

W 3

 

STM

Road

15,000

15,000

2,535

2,113

3,498

38

66

BCCL

Oct-13

South Jharia

W 3

 

STM

Road

10,650

10,650

2,535

2,113

4,192

65

98

BCCL

Oct-13

Ghanoodih OCP

W 3

 

STM

Road

7,000

7,000

2,535

2,113

3,297

30

56

BCCL

Oct-13

Bera

W 3

 

STM

Road

3,000

3,000

2,535

2,113

3,900

54

85

BCCL

Oct-13

NTST OCP

W 3

 

STM

Road

7,000

7,000

2,535

2,113

3,765

49

78

BCCL

Oct-13

BARAREE 6 PIT

W 3

 

STM

Road

1,200

1,200

2,535

2,113

2,968

17

40

BCCL

Oct-13

Jeenagora OCP

W 3

 

STM

Road

5,000

5,000

2,535

2,113

3,783

49

79

BCCL

Oct-13

Lohapatti 16-17 INC

W 3

 

ROM

Road

200

150

2,301

1,918

2,304

0

20

BCCL

Oct-13

Moonidih

W 3

 

SLURRY

Road

25,000

13,000

3,362

2,802

3,362

0

20

BCCL

Oct-13

Moonidih

W 3

 

SLURRY

Road

5,000

1,100

3,362

2,802

3,362

0

20

BCCL

Oct-13

Patherdih

W 4

 

SLURRY

Road

14,550

2,700

3,075

2,563

3,075

0

20

BCCL

Oct-13

SUDAMDIH

W 4

 

SLURRY

Road

3,500

100

3,075

2,563

3,075

0

20

CCL

Oct-13

PAREJ(E)/ULAHARA

W 3

 

STM

Road

5,500

5,500

2,262

1,885

4,756

110

152

CCL

Oct-13

PUNDI

W 3

ROM(MP)

ROM

Road

2,550

2,550

2,262

1,885

3,589

59

90

CCL

Oct-13

Tarmi OS

W 3

 

STM

Road

1,400

1,400

2,262

1,885

4,323

91

129

CCL

Oct-13

KARO OCP

W 4

 

STM

Road

3,250

3,230

2,132

1,777

2,814

32

58

CCL

Oct-13

AMLO

W 3

 

STM

Road

5,050

5,050

2,262

1,885

4,321

91

129

CCL

Oct-13

DHORI

W 3

 

ROM

Road

1,000

1,000

2,262

1,885

4,380

94

132

CCL

Oct-13

SEL DHORI Q-I

W 3

 

STM

Road

5,150

5,150

2,262

1,885

4,436

96

135

CCL

Oct-13

DHORI Line No. I

W 3

 

ROM

Rail

38,000

38,000

2,028

1,690

2,041

1

21

Total

 

 

 

 

 

 

212,300

181,080