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High demand for coking coal in Sept e-auction on other platform

31 Oct 2014

October 31: High demand was witnessed for washery grade (W3 & W4) coking coal offered by Central Coalfields Limited (CCL) and Bharat Coking Coal Limited (BCCL) for allotment through the MSTC platform in September 2014.

During the month under review, out of 100,540 tons of coking coal offered, 100,480 tons got allotted at a weighted average price of Rs 4,218 per ton.

However, more or less moderate demand was witnessed for washery grade (W3) coking coal offered by CCL and BCCL for allotment through the MSTC platform in August 2014 as during the month, a total of 95,040 tons of coking coal was offered out of which 50,180 tons got allotted at a weighted average price of Rs 4,174 per ton.

Similar to September, high demand was seen for the small amount of 4,010 tons of coking coal offered during July as the entire quantity got allotted at a weighted average price of Rs 4,148 per ton.

Following are the details of e-auction for coking coal via the MSTC platform in September 2014:

GCV

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered (In tons)

Qty Alloted (In tons)

(ANP)Average Notified Price (in Rs)

(ARP)Average Reserve Price (In Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase over Notified Price (%)

% Increase Over Reserve Price (%)

W3

 

ROM

CCL

30-Sep-14

ROAD

PUNDI (SRCC)

1,840

1,840

1,560

2,028

3,848

147

90

W3

 

ROM

CCL

30-Sep-14

ROAD

TOPA (SRCC)

3,070

3,070

1,560

2,028

3,922

151

93

W3

 

STM

CCL

30-Sep-14

ROAD

SEL DHORI Q-I

3,680

3,680

1,740

2,262

5,572

220

146

W3

 

ROM

CCL

30-Sep-14

ROAD

SEL DHORI Q-III

5,520

5,520

1,740

2,262

5,215

200

131

W3

 

STM

CCL

30-Sep-14

ROAD

JARANGDIH

1,840

1,800

1,740

2,262

3,342

92

48

W3

 

ROM

CCL

30-Sep-14

ROAD

DHORI

610

610

1,740

2,262

5,231

201

131

W3

 

STM

BCCL

19-Sep-14

ROAD

DOBARI SSY

3,500

3,500

1,950

2,535

3,363

72

33

W3

 

STM

BCCL

19-Sep-14

ROAD

BERA

2,000

2,000

1,950

2,535

4,193

115

65

W3

 

STM

BCCL

19-Sep-14

ROAD

SOUTH JHARIA

4,000

4,000

1,950

2,535

4,572

134

80

W3

 

STM

BCCL

19-Sep-14

ROAD

TETULMARI

6,000

6,000

1,950

2,535

4,320

122

70

W3

 

STM

BCCL

19-Sep-14

ROAD

DHANSAR

10,000

10,000

1,950

2,535

4,615

137

82

W3

 

STM

BCCL

19-Sep-14

ROAD

GODHUR

4,000

4,000

1,950

2,535

3,193

64

26

W3

 

STM

BCCL

19-Sep-14

ROAD

BASTACOLLA SSY

2,000

2,000

1,950

2,535

3,976

104

57

W3

 

STM

BCCL

19-Sep-14

ROAD

KUSUNDA OCP

45,000

45,000

1,950

2,535

4,095

110

62

W3

 

STM

BCCL

19-Sep-14

ROAD

MURAIDIH SSY

500

500

1,950

2,535

3,977

104

57

W3

 

STM

BCCL

19-Sep-14

ROAD

SHATABDI

500

500

1,950

2,535

2,592

33

2

W3

 

STM

BCCL

19-Sep-14

ROAD

BENEDIH SSY

500

500

1,950

2,535

4,355

123

72

W3

 

STM

BCCL

19-Sep-14

ROAD

NUDKHURKEE SSY

1,000

1,000

1,950

2,535

4,535

133

79

W3

 

STM

BCCL

19-Sep-14

ROAD

NICHITPUR SSY

4,000

4,000

1,950

2,535

4,447

128

75

W4

 

ROM

CCL

30-Sep-14

ROAD

GOVINDPUR PHASE II

980

960

1,460

1,898

3,024

107

59

W3 & W4 Total

 

 

 

 

 

 

100,540

100,480