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Poor demand for G9 grade in March on coaljunction

05 Apr 2016

Poor demand was witnessed in the e-auction of G9 grade coal (GCV ranging between 4,601-4,900 Kcal/kg) on coaljunction in March 2016 as out of the entire offering of 337,950 tons by WCL, only 19,840 tons were allotted at a weighted average price of Rs 1,974 per ton, according to data available with ICMWLikewise, poor demand was witnessed in the e-auction of G9 grade on coaljunction in February 2016 as out of the entire offering of 508,090 tons by CCL and WCL, only 14,880 tons were allotted at a weighted average price of Rs 1,789 per ton.

 

Poor demand was also witnessed in the e-auction of G9 grade on coaljunction in January 2016 as out of the entire offering of 155,000 tons by CCL, only 9,660 tons were allotted at a weighted average price of Rs 1,572 per ton.

 

Following are details of the e-auction of G9 grade on coaljunction in March 2016:

 

GCV Range

Grade / GCV Band

Size

Name of the client

Event Date

Mode of Despatch

Ex Location

Qty offered    (in Tons)

Qty Alloted          (in Tons)

Notified Price (in Rs./Ton)

Reserve Price (in Rs./Ton)

Average Price (in Rs./Ton)

 % Increase over Notified Price (%)

 % Increase Over Reserve Price (%)

4601-4900

G9

CRUROM

WCL

15-Mar-16

ROAD

GHORAWARI QUARRY (Bharat OC PATCH)

           25,000

            3,850

               1,570

               1,974

                 1,974

                             26

                              -  

4601-4900

G9

CRUROM

WCL

15-Mar-16

ROAD

URDHAN (Cost Plus)

           30,000

            8,830

               1,884

               1,974

                 1,974

                               5

                              -  

4601-4900

G9

CRUROM

WCL

21-Mar-16

ROAD

Gouri CHP

             8,000

               820

               1,570

               1,974

                 1,974

                             26

                              -  

4601-4900

G9

CRUROM

WCL

21-Mar-16

ROAD

GONDEGAON PROJECT

           20,500

               200

               1,570

               1,974

                 1,974

                             26

                              -  

4601-4900

G9

CRUROM

WCL

21-Mar-16

ROAD

UKNI OC (Cost plus)

           60,000

 No Bid

               2,686

               2,776

 NA

                             -  

                              -  

4601-4900

G9

CRUROM

WCL

21-Mar-16

RAIL

SASTI SIDING (Sasti OCM)

           80,000

 No Bid

               1,570

               1,884

 NA

                             -  

                              -  

4601-4900

G9

CRUROM

WCL

21-Mar-16

RAIL

DUMRI KHURD SDG.(Gondegaon OC,Kamptee OC)

           60,000

 No Bid

               1,570

               1,884

 NA

                             -  

                              -  

4601-4900

G9

CRUROM

WCL

29-Mar-16

ROAD

Sasti OC

             2,300

               860

               1,570

               1,974

                 1,974

                             26

                              -  

4601-4900

G9

CRUROM

WCL

29-Mar-16

ROAD

GHORAWARI QUARRY (Bharat OC PATCH)

           21,150

            2,500

               1,570

               1,974

                 1,974

                             26

                              -  

4601-4900

G9

CRUROM

WCL

29-Mar-16

ROAD

URDHAN (Cost Plus)

           21,200

            2,280

               1,884

               1,974

                 1,974

                               5

                              -  

4601-4900

G9

CRUROM

WCL

29-Mar-16

ROAD

NILJAI OC

             9,800

               500

               1,570

               1,974

                 1,974

                             26

                              -  

4601-4900 Total

 

 

 

 

 

 

        337,950

         19,840