- Allocation rates improved on 14 October from the previous auction
- October allocation rates remained below September levels
Eastern Coalfields Ltd (ECL) conducted e-auctions on 10 and 14 October 2026, with allocation rates varying across the two sales. The 10 October auction allocated 230,800 t against 692,050 t offered, while the 14 October auction allocated 105,500 t against 203,500 t offered. Several G4 and G5 sources recorded strong reported bid prices, while outcomes varied across mines and grades.
10 October auction results
The largest allocation was recorded for HURA C OC G12 at 65,700 t, followed by Rajmahal OC G13 at 31,550 t and HURA C OC G11 at 29,400 t. Among entries with reported bid prices above notified levels, Amkola OC G5 recorded the highest calculated premium at 258.9%, followed by Bejdih UG G5 at 240.4% and Jhanjra UG G4 at 221.3%.
14 October auction results
G/Begunia OC G9 accounted for the largest allocation at 40,000 t, followed by Nakrakonda OC G4 at 20,000 t. Among the reported results, Jambad UG G3 recorded a premium of 245.9%, while Bansra UG G4 reached 238.4% and Nimcha UG G4 recorded 239.6%. The results indicated strong bidding for several G4 and G3 sources, although premium levels differed significantly by mine.
Comparison with the 30 September auction
ECL allocated 226,050 t against 279,050 t offered on 30 September, giving an allocation rate of around 81%. The 10 October auction allocated 230,800 t, but against a much larger offered quantity of 692,050 t, reducing the allocation rate to 33.4%. On 14 October, allocation fell to 105,500 t, although the allocation rate improved to 51.8%.
The 30 September auction recorded premiums of 231.6% for Sonepur Bazari G4 and 230.7% for KhasKajora UG G3. In the 14 October auction, several G4 sources recorded premiums above 200%, while Jambad UG G3 reached 245.9%. The 10 October results also showed high reported premiums for selected G4 and G5 sources, including Jhanjra UG, Bejdih UG and Amkola OC.
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