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Very poor demand for G9 grade in December e-auction

07 Jan 2016

Extremely poor demand was witnessed in the e-auction of G9 grade coal (GCV ranging between 4,601-4,900 Kcal/kg) on the coaljunction platform in December 2015 as out of the entire offering of 245,000 tons by CCL and WCL, only 14,400 tons were allotted at a weighted average price of Rs 1,827 per ton, according to data available with ICMW.

 

Very poor demand was witnessed in the e-auction of G9 grade coal on the coaljunction platform in November 2015 as out of the entire offering of 253,200 tons by CCL and WCL, only 9,340 tons were allotted at a weighted average price of Rs 1,942 per ton.

 

Low demand was witnessed in the e-auction of G9 grade on coaljunction in October 2015 as out of the entire offering of 301,350 tons by CCL and WCL, 136,230 tons were allotted at a weighted average price of Rs 2,449 per ton.

 

Following are the details of the e-auction of G9 grade on coaljunction in December 2015:

 

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 (%)

4601-4900

G9

SLURRY

WCL

18-Dec-15

NANDAN WASHERY

ROAD

            20,000

                 210

                  1,590

                  1,908

                     1,908

                                20

                                 -  

4601-4900

G9

CRUROM

WCL

18-Dec-15

URDHAN (Cost Plus)

ROAD

            50,000

               8,950

                  1,884

                  1,974

                     1,974

                                  5

                                 -  

4601-4900

G9

ROM

CCL

29-Dec-15

PURNADIH

ROAD

            25,000

               2,300

                  1,310

                  1,572

                     1,572

                                20

                                 -  

4601-4900

G9

ROM

CCL

29-Dec-15

MASILONG COAL SALES CENTRE, MAGADH

ROAD

          1,00,000

               2,940

                  1,310

                  1,572

                     1,572

                                20

                                 -  

4601-4900

G9

ROM

CCL

29-Dec-15

CSC BELTHARWA

ROAD

            50,000

 No Bid

                  1,310

                  1,572

 NA

                                -  

                                 -  

4601-4900 Total

 

 

 

 

 

 

        2,45,000

            14,400