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G3 meets with poor demand in Feb on coaljunction

03 Mar 2016

There was poor demand for 33,150 tons of G3 grade coal (GCV between 6,401 and 6,700 Kcal/kg) offered by South Eastern Coalfields Limited (SECL) and Eastern Coalfields Limited (ECL) for allotment through coaljunction in February 2016, as 5,473 tons got allotted at a weighted average price of Rs 4,136 per ton, as per data available with ICMW.

 

However, there was strong demand for 53,600 tons of G3 grade coal offered by SECL, ECL and Central Coalfields Limited (CCL) for allotment through coaljunction in January 2016, as 43,060 tons got allotted at a weighted average price of Rs 4,347 per ton.

 

However, there was strong demand for 49,900 tons of G3 grade coal offered by ECL and CCL for allotment through coaljunction in December 2015, out of which 37,482 tons got allotted at a weighted average price of Rs 4,703 per ton.

 

Following table provides details of the e-auction of G3 grade coal on coaljunction in February 2016:

 

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Ex Location

Mode of Despatch

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 (%)

6401-6700

G3

ROM

SECL

24-Feb-16

Haldibari (Bunker)

ROAD

          10,000

 No Bid

               3,890

               3,890

                      -  

                             -  

                              -  

6401-6700

G3

STM

SECL

24-Feb-16

AMADAND UG

ROAD

            1,500

            1,500

               4,070

               4,070

                 4,208

                               3

                               3

6401-6700

G3

STM

ECL

24-Feb-16

CENTRAL KAJORA : Lower Kajora R-VIII T

ROAD

            2,500

            1,673

               4,070

               4,070

                 4,070

                             -  

                              -  

6401-6700

G3

STM

ECL

24-Feb-16

NINGHA:Dishergarh(R-IV)

ROAD

               500

               500

               4,070

               4,070

                 4,383

                               8

                               8

6401-6700

G3

 

CCL

26-Feb-16

RELIGARA

ROAD

          18,650

            1,800

               4,070

               4,070

                 4,070

                             -  

                              -  

6401-6700 Total

 

 

 

 

 

 

         33,150

           5,473