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Very strong demand for coking coal at August e-auction

27 Sep 2013

September 27: A strong demand was witnessed for washery grade (W2, W3 & W4) coking coal offered by Bharat Coking Coal Limited (BCCL) and Central Coalfields Limited (CCL) for allotment through MSTC platform during the month of August 2013.

During August 2013, a total of 74,300 tons of coking coal was offered for allotment out of which the entire quantity got allotted at a premium ranging from 0-107%.

However, During July 2013, a total of 152,650 tons of coking coal was offered for allotment out of which the entire quantity got allotted at a premium ranging from 0.43-98.9%.

The entire offering made during the month of August was meant for delivery by road mode.

Following is the detail of e-auction for coking coal in August 2013:

Grade

Size

Company Name

Event Date

Mode

Colliery

Qty offered(In tons)

Allotted qty(In tons)

(ARP)Average Reserve Price (In Rs)

(ANP)Average Notified Price (in Rs)

(AAP) Average Auctioned Price (in Rs)

% Increase Over Notified Price (%)

% Increase Over Reserve Price (%)

W2

STM

CCL

29-Aug-13

ROAD

KEDLA OCP

          7,000

          7,000

      2,977

      2,290

          3,881

               69

          30

W3

ROM

BCCL

22-Aug-13

ROAD

MAHESHPUR

          2,800

          2,800

      2,301

      1,770

          2,361

               33

            3

W3

ROM

BCCL

22-Aug-13

ROAD

AKASHKINAREE

          1,500

          1,500

      2,301

      1,770

          2,310

               31

            0

W3

STEAM

BCCL

22-Aug-13

ROAD

JOGIDIH

          1,000

          1,000

      2,535

      1,950

          2,545

               30

            0

W3

STM

BCCL

22-Aug-13

ROAD

AKASHKINAREE

          1,500

          1,500

      2,535

      1,950

          3,518

               80

          39

W3

STM

BCCL

22-Aug-13

ROAD

AKASHKINAREE

          1,500

          1,500

      2,535

      1,950

          3,074

               58

          21

W3

STM

BCCL

22-Aug-13

ROAD

WEST MUDIDIH SSY

          8,000

          8,000

      2,535

      1,950

          4,319

             121

          70

W3

STM

BCCL

22-Aug-13

ROAD

S. BANSJORA

          5,000

          5,000

      2,535

      1,950

          3,598

               85

          42

W3

STM

BCCL

22-Aug-13

ROAD

GONDUDIH

          4,000

          4,000

      2,535

      1,950

          3,932

             102

          55

W3

STM

BCCL

22-Aug-13

ROAD

SATABDI

          2,000

          2,000

      2,535

      1,950

          3,678

               89

          45

W3

STM

BCCL

22-Aug-13

ROAD

DAMODA

          5,000

          5,000

      2,535

      1,950

          3,221

               65

          27

W3

STM

BCCL

22-Aug-13

ROAD

GOVINDPUR

          3,500

          3,500

      2,535

      1,950

          2,769

               42

            9

W3

STM

CCL

29-Aug-13

ROAD

JARAGDIH

          1,500

          1,500

      2,262

      1,740

          3,050

               75

          35

W4

ROM

CCL

29-Aug-13

ROAD

JHARKHAND OCP

         30,000

         30,000

      1,498

      1,460

          3,094

             112

         107

Total

 

 

 

 

 

         74,300

         74,300