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Poor demand for coke fines, coal fines in February

03 Mar 2016

After a gap of one month, extremely poor demand was witnessed for coal fines and coke fines as out of the 173,050 tons offered by South Eastern Coalfields Ltd (SECL), only 500 tons got allotted through coaljunction in February 2016 at a weighted average price of Rs 4,979 per ton, as per data available with ICMW.

 

No coal fines and coke fines were offered for allotment through coaljunction in January 2016.

 

Poor demand was witnessed for 181,050 tons of coal fines and coke fines offered by SECL for allotment through coaljunction in December 2015, of which only 400 tons were allotted.


 

Following are the details of the e-auction of coal fines and coke fines in February 2016 on coaljunction:

 

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 (%)

CIL Coke

CIL Coke

(35-70 mm)

SECL

10-Feb-16

CIL Coke from Dankuni Coal Complex

ROAD

          50,000

 No Bid

               7,154

               7,154

                      -  

                             -  

                              -  

Coke Fines

Coke Fines

(6-35 mm)

SECL

10-Feb-16

Coke Fines from Dankuni Coal Complex

ROAD

          30,000

 No Bid

               7,154

               7,154

                      -  

                             -  

                              -  

Coke Fines

Coke Fines

(0-10mm)

SECL

10-Feb-16

Coke Fines from Dankuni Coal Complex

ROAD

          20,000

 No Bid

               4,568

               4,568

                      -  

                             -  

                              -  

Coal Fines

Coal Fines

(0-25mm)

SECL

10-Feb-16

Coal Fines from Dankuni Coal Complex

ROAD

          12,000

               500

               4,979

               4,979

                 4,979

                             -  

                              -  

Coal Fines

Coal Fines

(0-25mm)

SECL

10-Feb-16

Coal Fines from Dankuni Coal Complex

RAIL

          61,050

 No Bid

               4,979

               4,979

                      -  

                             -  

                              -  

Coal & Coke Fines Total

 

 

 

 

 

 

      1,73,050

              500