MMTC, a state owned biggest trading company, is offering NINL Low Ash Metallurgical (LAM) Coke (Specification CSR-63% min, CRI-22% min, Ash-12.5% max,M- 7%, S-0.6% max) at INR 17,000/MT (By rail or by road) ex-Cuttack. It has been noted that MMTC has kept LAM coke price unchanged. MMTC's NINL LAM Coke offer is valid till 16 September 2013.
However, one of the trader at Guwahati said the demand has been slumped drastically as compared to last year's buying view. Currently, LAM Coke demand from domestic market is on ground, thanks to slow Ferro alloys market.
Coke production has also dropped in monsoon as mines are filled with water. LAM coke export market in neighboring countries like Bhutan, Bangladesh are in a better position than the domestic market.
Traders at Guwahati are selling their LAM Coke FC- more than 80% and Ash 14-18% at INR16500/MT ex-plot basis and FC-84%, Ash 13-14% is selling at INR17800/MT ex-plot basis.
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