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Coking coal sees moderate demand at e-auction in Sept

07 Oct 2013

October 7: Washery grade coking coal (W3 and W4) offered at the e-auction conducted by coaljunction for Coal India Ltd (CIL) subsidiaries during September 2013 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 3,180/ton.

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.

However, in July 76.54%, of the total offered quantity of 366,700 tons was allotted. The total allotted quantity stood at 197,280 tons and the weighted average price of the allotted quantity during the month stood at Rs 3,333/ton.

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

Name of the Company

e-Auction Date

Ex Location

Grade / GCV Band

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

18-Sep-13

Moonidih

W 3

SLURRY

Road

40,000

9,400

3,362.00

2,801.67

3,362.00

0

20

BCCL

18-Sep-13

Patherdih

W 4

SLURRY

Road

15,000

200

3,075.00

2,562.50

3,075.00

0

20

BCCL

18-Sep-13

SUDAMDIH

W 4

SLURRY

Road

16,000

12,350

3,075.00

2,562.50

3,075.16

0.005203252

20

BCCL

19-Sep-13

Shatabdi

W 3

STM

Road

3,000

3,000

2,535.00

2,112.50

3,555.83

40.26942801

68

BCCL

19-Sep-13

DAMODA

W 3

STM

Road

2,000

2,000

2,535.00

2,112.50

3,948.00

55.73964497

87

BCCL

19-Sep-13

Govindpur

W 3

STM

Road

1,000

1,000

2,535.00

2,112.50

3,334.50

31.53846154

58

BCCL

19-Sep-13

Block IV

W 3

STM

Road

1,500

1,500

2,535.00

2,112.50

3,704.67

46.1408284

75

BCCL

19-Sep-13

Jogidih

W 3

STM

Road

1,000

1,000

2,535.00

2,112.50

2,593.50

2.307692308

23

BCCL

19-Sep-13

Akashkinari

W 3

ROM

Road

1,000

1,000

2,301.00

1,917.50

3,100.50

34.74576271

62

BCCL

19-Sep-13

Akashkinari

W 3

STM

Road

1,500

1,500

2,535.00

2,112.50

4,389.67

73.16252465

108

BCCL

19-Sep-13

Akashkinaree

W 3

STM

Road

1,500

1,500

2,535.00

2,112.50

3,520.67

38.88244576

67

BCCL

19-Sep-13

West Mudidih SSY

W 3

STM

Road

7,000

7,000

2,535.00

2,112.50

4,576.14

80.5183432

117

BCCL

19-Sep-13

Maheshpur

W 3

ROM

Road

1,000

1,000

2,301.00

1,917.50

2,389.00

3.824424163

25

BCCL

19-Sep-13

S.Bansjora

W 3

STM

Road

4,000

4,000

2,535.00

2,112.50

3,669.50

44.75345168

74

BCCL

19-Sep-13

Gondudih

W 3

STM

Road

6,000

6,000

2,535.00

2,112.50

4,083.08

61.06824458

93

CCL

30-Sep-13

JARANGDIH

W 3

STM

Road

1,500

1,460

2,262.00

1,885.00

3,082.68

36.28116711

64

CCL

30-Sep-13

SEL DHORI Q-III

W 3

ROM

Road

7,450

7,450

2,262.00

1,885.00

4,678.72

106.8399646

148

CCL

30-Sep-13

JHARKHAND OCP

W 4

ROM

Road

50,000

50,000

1,498.00

1,248.33

3,108.78

107.5287049

149

CCL

30-Sep-13

KEDLA OCP

W 3

STM

Road

6,000

6,000

2,262.00

1,885.00

4,499.13

98.9005305

139

CCL

30-Sep-13

TAPIN(N)

W 3

STM

Road

2,000

2,000

2,262.00

1,885.00

4,480.90

98.09460654

138

CCL

30-Sep-13

PUNDI (SRCC)

W 3

ROM

Road

30,000

30,000

2,028.00

1,690.00

2,324.97

14.64349112

38

CCL

30-Sep-13

ARA (SRCC)

W 3

ROM

Road

15,000

No Bid

2,028.00

1,690.00

NA

#VALUE!

#VALUE!

CCL

30-Sep-13

TOPA (SRCC)

W 3

ROM

Road

25,000

25,000

2,028.00

1,690.00

2,607.83

28.59122288

54

Total

 

 

 

 

 

238,450

174,360