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Strong demand for G12 grade in Nov on coaljunction

09 Dec 2015

India Coal Market Watch

 December 8: Strong demand was witnessed for a higher quantity of G12 grade coal (GCV of 3,701-4,000 Kcal/kg) grade offered by CCL and SECL for sale through coaljunction in October 2015 and the average weighted price also declined, according to data available with ICMW.

 Out of the entire offered quantity of 595,000 tons of G12 grade on coaljunction in November 2015, a volume of 410,750 tons got allotted at a weighted average price of Rs 1,196 per ton.

 However, low demand was witnessed for a higher quantity of G12 grade offered by CCL and SECL for sale through coaljunction in October 2015 and the average weighted price also declined.

 Out of the entire offered quantity of 2,010,000 tons of G12 grade on coaljunction in October 2015, only 353,500 tons got allotted at a weighted average price of Rs 1,147 per ton.

 In September, the offered quantity was low at 150,000 tons and the entire material was allotted at a weighted average price of Rs 1,198 per ton.

 Following are the details of e-auction of G12 grade coal in November 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 (%)

3701-4000

G12

ROM

SECL

13-Nov-15

ROAD

Baroud OCM

1,50,000

1,50,000

890

1,068

1,073

21

0.47

3701-4000

G12

ROM

SECL

20-Nov-15

ROAD

Chhal OC

2,45,000

2,45,000

890

1,068

1,280

44

20

3701-4000

G12

ROM

CCL

30-Nov-15

ROAD

AMRAPALI COAL SALES CENTRE

2,00,000

15,750

890

1,068

1,068

20

-

3701-4000 Total

 

 

 

 

 

 

5,95,000

4,10,750