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Coking coal sees moderate demand at Sept e-auction

09 Oct 2014

October 9: Washery grade coking coal (W3 and W4) offered on the e-auction platform conducted by coaljunction for Coal India Ltd (CIL) subsidiaries during September 2014 met with moderate demand as out of 116,630 tons offered, 65,475 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 4,137/ton.

W3 and W4 grade coking coal offered on the e-auction platform conducted by coaljunction for CIL subsidiaries during August met with good demand as out of 95,250 tons offered, 78,860 tons got allotted at a weighted average price of Rs 4,231 per ton.

Similar to August, in July 2014, the offered quantity met with good demand as out of 176,080 tons offered, 108,180 tons got allotted. The weighted average price of the allotted quantity during the month stood at Rs 4,223/ton.

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

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 (Rs/t)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

W3

 

STM

CCL

29-Sep-14

Road

AMLO

2,450

2,450

1,740.00

2,262.00

5,008.61

188

121

W3

 

STM

CCL

29-Sep-14

Road

TAPIN NORTH

2,945

2,940

1,740.00

2,262.00

5,790.10

233

156

W3

 

STM

CCL

29-Sep-14

Road

KHASHMAHAL

3,680

3,680

1,740.00

2,262.00

3,412.24

96

51

W3

 

STM

CCL

29-Sep-14

Road

PAREJ(E)/ULAHARA

3,675

3,675

1,740.00

2,262.00

5,461.17

214

141

W3

 

STM

CCL

29-Sep-14

Road

Govindpur Phase-II

1,470

1,470

1,740.00

2,262.00

3,904.18

124

73

W3

 

STM

CCL

29-Sep-14

Road

Tarmi OS

610

610

1,740.00

2,262.00

4,777.08

175

111

W3

 

STM

BCCL

18-Sep-14

Road

Jamunia OCP SSY

1,000

1,000

1,950.00

2,535.00

4,692.00

141

85

W3

 

STM

BCCL

18-Sep-14

Road

Govindpur

1,000

1,000

1,950.00

2,535.00

3,283.50

68

30

W3

 

STM

BCCL

18-Sep-14

Road

Block IV

1,000

1,000

1,950.00

2,535.00

3,022.50

55

19

W3

 

STM

BCCL

18-Sep-14

Road

Jogidih

1,000

1,000

1,950.00

2,535.00

2,640.00

35

4

W3

 

STM

BCCL

18-Sep-14

Road

Akashkinaree

500

500

1,950.00

2,535.00

3,515.00

80

39

W3

 

STM

BCCL

18-Sep-14

Road

Akashkinaree

1,000

1,000

1,950.00

2,535.00

4,526.00

132

79

W3

 

STM

BCCL

18-Sep-14

Road

West Mudidih SSY

10,000

10,000

1,950.00

2,535.00

4,829.65

148

91

W3

 

STM

BCCL

18-Sep-14

Road

S.Bansjora

4,000

4,000

1,950.00

2,535.00

4,248.12

118

68

W3

 

STM

BCCL

18-Sep-14

Road

KUYA OCP OUTSOURCED

7,500

7,500

1,950.00

2,535.00

3,955.80

103

56

W3

 

STM

BCCL

18-Sep-14

Road

NTST OCP

10,000

10,000

1,950.00

2,535.00

4,056.75

108

60

W3

 

STM

BCCL

18-Sep-14

Road

BARAREE 6 PIT

1,000

1,000

1,950.00

2,535.00

3,603.00

85

42

W3

 

STM

BCCL

18-Sep-14

Road

Jeenagora OCP

2,500

2,500

1,950.00

2,535.00

3,936.20

102

55

W3

 

STM

BCCL

18-Sep-14

Road

LOHAPATTI 16/17 INC.

150

150

1,950.00

2,535.00

3,888.33

99

53

W3

 

SLURRY

BCCL

18-Sep-14

Road

Patherdih

19,800

300

2,586.00

3,362.00

3,362.00

30

-

W3

 

SLURRY

BCCL

18-Sep-14

Road

Madhuban

25,000

No Bid

2,586.00

3,362.00

NA

-

-

W4

 

Tailings

BCCL

18-Sep-14

Road

Dugda

16,350

9,700

2,365.00

3,075.00

3,075.00

30

-

W3 & W4 Total

 

 

 

 

 

 

116,630

65,475