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Higher realisations for SCCL offering in Oct spot e-auction

06 Nov 2013

November 6: A good demand was witnessed for the coal offered by Singareni Collieries Company Ltd (SCCL) for allotment through the e-auction platform of coaljunction during the month of October, 2013 and realisations were higher compared to September auction.

During October, a total of 128,700 tons of coal was offered for allotment out of which 91,450 tons or 71.06% got allotted attracting a low premium ranging from 0-45%.

The weighted average price of the allotted quantity during the month stood at Rs 2,728/ton compared to the weighted price of Rs 2,483 per ton in September when
a total of 98,000 tons of coal was offered for allotment and 90,125 tons or 91.96% got allotted.

On the other hand, in August 2013, a total of 82,700 tons of coal was offered for allotment out of which 67,871 tons or 82.07% got allotted attracting a low premium ranging from 0-31%. The weighted average price of the allotted quantity during the month stood at Rs 2,676/ton.

Following is the detail of average realised price from various mines of SCCL 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)

Average Price in Rs/Mt

% increase over reserve price

SCCL

Oct-13

KTK-1

( BHUPALAPALLI )

G5-

ROM

ROAD

5,000

612

4,320

4,320

0

SCCL

Oct-13

KTK 6

(BHUPALPALLI)

G5-

RND

ROAD

2,000

2,000

4,540

4,661

3

SCCL

Oct-13

KTK 6

(BHUPALPALLI)

G5-

SLK

ROAD

5,000

No Bid

4,340

NA

NA

SCCL

Oct-13

RK-5

(SRIRAMPUR)

G9-

ROM

ROAD

10,000

10,000

2,250

3,081

37

SCCL

Oct-13

RK-6

(SRIRAMPUR)

G9-

ROM

ROAD

4,000

4,000

2,250

3,110

38

SCCL

Oct-13

PVK-5

(KOTHAGUDEM)

G9-

ROM

ROAD

35,000

35,000

2,250

3,039

35

SCCL

Oct-13

SRP-1

(SRIRAMPUR)

G9-

ROM

ROAD

7,700

7,700

2,250

2,966

32

SCCL

Oct-13

KTK-1A

( BHUPALAPALLI )

G11-

RND

ROAD

15,000

15,000

2,025

2,932

45

SCCL

Oct-13

KTK CHP

(BHUPALPALLI)

G11-

RND

ROAD

5,000

5,000

2,025

2,703

34

SCCL

Oct-13

KOYAGUDEM OCP

(YELLANDU)

G17-

CRR

ROAD

20,000

12,138

630

631

0

SCCL

Oct-13

WASHERY SLURRY

(MANUGURU)

WG-

SL

ROAD

5,000

No Bid

427

NA

NA

SCCL

Oct-13

WASHERY REJECTS

(RAMAGUNDAM)

WG-

R

ROAD

10,000

No Bid

738

NA

NA

SCCL

Oct-13

WASHERY SLURRY

(RAMAGUNDAM )

WG-

SL

ROAD

5,000

No Bid

427

NA

NA

Total

 

 

 

 

 

 

128,700

91,450