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COAL eAUCTION DEMO
 
 
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Coal Trade Centre

World Coal Markets Total Coal Trade in International Market (Approx. figures-FY08)
Exporting Country Coking Coal Thermal Coal
Indonesia 30.00 148.00
Australia 135.00 113.00
South Africa - - 90.00
Russia 15.00 90.00
China 60.00 5.00
Columbia - - 70.00
USA 55.00 25.00
Others 0.00 15.00
Total >>> 556.00
* Qty in Million Mt

Indian Coal Market India produced approx. 450 Mn Mt (CIL+SCCL) in FY09 - ranked 3 largest in the world. 85% coal produced is consumed by Thermal Power Plants. Approx. 200 Million Mt is consumed by other industries such as Steel, Paper, Cement, Brick Kiln, Foundry, Ceramic, Refractory etc. Besides the primary market (CIL+SCCL), there is a sizable "Secondary Market" prevailing in India. These secondary markets are termed as "Koyla Mandis". An estimate depicts that close to 12 - 15 Million Mt coal is traded every year in these mandis.


The secondary market trade faces certain bottlenecks such as -

• Difficult for coal sellers to reach end consumers directly and vice-versa.

• The consumers rely highly on intermediaries, who appropriate a large value share for themselves increasing the landed cost of coal.

• Intermediaries create information asymmetry that leads to lack of transparency in the transactions (pricing, quality etc)

• Reliability (Contract fulfillment, Quality, Quantity, timely shipment etc)

To address this need for a common platform for suppliers and consumers to transact directly, we introduce to you the "Coal Trade Centre" - an e-platform which would enable domestic as well as international coal trade fraternity to buy / sell coal online.

The Coal Trade Center will enable the suppliers / consumers to
i. Allow coaljunction members to generate online enquiry to buy coal
ii. Allow coaljunction members to create online offer to sell coal
iii. View offers
iv. Negotiate on price
v. Negotiate on delivery terms
vi. Buy / sell coal online
vii. Have MIS on supply-demand

All these activities even without moving out of your office.

Here is an opportunity to cash-in on the Coaljunction expertise in terms of
i. e-commerce platform
ii. 10000 + registered members
iii. High visibility
iv. Transparent processes
v. Reliability and
vi. Data security and privacy of members

Please feel free to contact us for any query / information.