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Coking coal sees good demand at Jan e-auction

04 Feb 2015

February 4: Washery grade coking coal (W3 and W4) offered on the e-auction platform conducted by coaljunction for Coal India Ltd (CIL) subsidiaries in January 2014 met with very good demand as the entire offered quantity of 145,150 tons got allotted during the month. The weighted average price of the allotted quantity during the month stood at Rs 3,587/ton.

Washery grade coking coal (W2, W3 and W4) offered on this platform conducted in December 2014 also met with very good demand as out of the offered quantity of 386,950 tons, 380,670 tons got allotted during the month. The weighted average price of the allotted quantity during the month stood at Rs 3,510/ton.

Meanwhile, the washery grade coking coal offered during November met with moderate demand as out of the offered quantity of 199,250 tons, 166,510 tons got allotted during the month. The weighted average price of the allotted quantity during the month stood at Rs 3,914/ton.

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

GCVRange

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 in Rs/Mt

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

W3

 

STM

BCCL

19-Jan-15

Road

Jamunia OCP SSY

5,000

5,000

1,950

2,535

4,331

122

71

W3

 

STM

BCCL

19-Jan-15

Road

Govindpur

3,000

3,000

1,950

2,535

2,595

33

2

W3

 

STM

BCCL

19-Jan-15

Road

Block IV

1,000

1,000

1,950

2,535

2,543

30

0

W3

 

STM

BCCL

19-Jan-15

Road

Jogidih

1,000

1,000

1,950

2,535

2,639

35

4

W3

 

STM

BCCL

19-Jan-15

Road

Akashkinaree

2,000

2,000

1,950

2,535

2,612

34

3

W3

 

STM

BCCL

19-Jan-15

Road

Akashkinaree

3,000

3,000

1,950

2,535

3,895

100

54

W3

 

STM

BCCL

19-Jan-15

Road

West Mudidih SSY

30,000

30,000

1,950

2,535

4,267

119

68

W3

 

STM

BCCL

19-Jan-15

Road

S.Bansjora

4,000

4,000

1,950

2,535

3,761

93

48

W3

 

STM

BCCL

19-Jan-15

Road

KUYA OCP OUTSOURCED

15,000

15,000

1,950

2,535

3,964

103

56

W3

 

STM

BCCL

19-Jan-15

Road

Kuya OCP

5,000

5,000

1,950

2,535

3,368

73

33

W3

 

STM

BCCL

19-Jan-15

Road

NTST OCP

25,000

25,000

1,950

2,535

3,437

76

36

W3

 

STM

BCCL

19-Jan-15

Road

BARAREE 6 PIT

5,000

5,000

1,950

2,535

2,818

44

11

W3

 

STM

BCCL

19-Jan-15

Road

Jeenagora OCP

6,000

6,000

1,950

2,535

3,680

89

45

W3

 

STM

BCCL

19-Jan-15

Road

LOHAPATTI 16/17 INC.

150

150

1,950

2,535

2,538

30

0

W3

 

SLURRY

BCCL

19-Jan-15

Road

Patherdih

1,000

1,000

2,636

3,427

3,915

49

14

W3

 

STM

CCL

28-Jan-15

Road

KEDLA OCP

7,000

7,000

1,740

2,262

4,164

139

84

W4

 

SLURRY

BCCL

19-Jan-15

Road

Dugda

12,000

12,000

2,415

3,140

4,166

73

33

W4

 

ROM

CCL

28-Jan-15

Road

Govindpur Phase-II

20,000

20,000

1,460

1,898

2,214

52

17

W3, W4 Total

 

 

 

 

 

 

145,150

145,150