LAMCOKE

India: NINL offers LAM Coke at INR 14,000/MT

MMTC on behalf of NINL is offering LAM Coke at INR 14,000/MT and offers quantity discount of upto INR 400/MT.

MMTC has offered around 15,000 MT LAM Coke of NINL for sale with basic prices of around INR 14,000/MT ex-Cuttack (Odisha) for upto 4,399 MT.

NINL’s offers are for road or rail movement with discounts as per the booking quantity mentioned.

NINL Coke Prices (INR/MT)

Quantity ( MT)

Prices 

Payment Terms

1 rake to less than 2 rake by rail and/or road (2,200 MT- 4,399 MT)

14,000

100% advance for first rake and 10% advance as security for balance quantity. Balance payment within the validity of price circular.

One Rake = 2,200 MT

2 rake to less than 3 rake by rail and/or road ( 4,400 M-6,599 MT)

13, 800

100% advance for first rake and 10% advance as security for balance quantity. Balance payment within the validity of price circular.

One Rake = 2,200 MT

More than 3 rakes by rail and/or by road (6,600 MT and above)

13,600

100% advance for first rake and 10% advance as security for balance quantity. Balance payment within the validity of price circular.

One Rake: 2,200 MT


NINL’s LAM Coke contains 12.5% of Ash max; sizes available between 20-80 mm. The validity of the NINL’s offer is till 3o Sep, 2014.

Indian Coke manufacturers situated at West Coast of India highlighted that offers in the domestic market have been constant compared to the last week in view of global prices. Unlike falling Iron ore prices, Coal & Coke prices will have limited scope of correction.

Current Coke Prices in West Coast Market

Size (in mm)

Prices* (in INR/MT)

0-4

7,300-7,500

4-8

11,000-11,500

25-40

15,000-15,500

40-60

14,000-14,500

60-80

16,800-17,000

80+

18,200-18,500

* Basic prices in INR/MT; Excise & taxes extra


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