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Strong demand for G10 in Dec e-auction on coaljunction

07 Jan 2016

Strong demand was witnessed for G10 grade coal (GCV range of 4,301 - 4,600 Kcal/kg) offered by SECL, WCL and CCL for allocation through coaljunction in December 2015, as out of the entire offering of 375,000 tons, 357,840 tons were allotted at a weighted average price of Rs 1,576 per ton, according to data available with ICMW.

 

Similar kind of strong demand was witnessed for G10 grade coal offered by SECL and CCL for allocation through coaljunction in November 2015, as out of the entire offering of 165,000 tons, 150,200 tons were allotted at a weighted average price of Rs 1,942 per ton.

 

However, no demand was witnessed for G10 grade coal offered by NCL and CCL for allocation through coaljunction in October 2015, as there was no bid for the offered quantity of 315,000 tons.

 

Following are the details of the e-auction of G10 grade in December 2015 on coaljunction:

 

GCV Range

Grade / GCV Band

Size

Name of The Company

e-Auction Date

Mode of Despatch

Ex Location

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 (%)

4301-4600

G10

ROM

SECL

11-Dec-15

Dipka Expn (Stock)

ROAD

          3,00,000

          3,00,000

                  1,160

                  1,392

                     1,541

                                33

                                 11

4301-4600

G10

CRUROM

WCL

18-Dec-15

PENGANGA OC

ROAD

            60,000

             57,840

                  1,390

                  1,758

                     1,758

                                26

                                 -  

4301-4600

G10

 

CCL

29-Dec-15

PIPARWAR SLURRY (MECHANICAL LOADING)

ROAD

            15,000

 No Bid

                  1,160

                  1,392

 NA

                                -  

                                 -  

4301-4600 Total

 

 

 

 

 

 

        3,75,000

         3,57,840