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"ERDENES TAVANTOLGOI" JSC, "ENERGY RESOURCES" LLC'S COAL AND "MONGOLROSTSVETMET" SOE'S IRON ORE CONCENTRATE TRADE ORGANIZED

2023-09-29 17:20:32

On September 28th the trading of export coal of "Erdnes tavantolgoi" JSC's 75 lots, or a total of 480,000 tons of coking coal, ‘’Energy Resources" LLC's 2 lots or a total of 12,800 tons of washed hard coking coal and ‘’Mongolrostsvetmet" SOE's 1 lot or a total of 3,000 tons of FE-65% iron ore concentrate was organized by the MSE today.

Information about the traded coal
Commodity nameCoalIronCoal
Commodity typeWashed hardConcentrateRaw
Commodity classificationWashed hard coking coalFe-65%Coking coal
Online trading date 2023.09.292023.09.292023.09.29
Number of bidders312
Name of the coal seller"ENERGY RESOURCE" LLC"MONGOLROSTSVETMENT" SOE"ERDENES TAVAN TOLGOI" JSC
Address of the coal sellerMongolia, Ulaanbaatar, Sukhbaatar district, 1st khoroo, Central tower, 16th floor, 14200Mongolia, Ulaanbaatar, Bayanzurkh district, 22th khoroo, Peace Ave-98Mongolia, Ulaanbaatar, Chingeltei district, 1st khoroo, Jigjidjav street-8, Finance center
Registration number of the orderER-23058MRTSM-0723/27-CO
Contract typeForwardSpotForward
Product codeC01-2023092801FE01-2023092901C03-2023092903
Minimum prie, type of currency1,250 CNY/ton97 USD/ton148.20 USD//ton
Transaction price1,270 CNY/ton97 USD/ton153.70 USD//ton
Trade amount16,256,000 CNY291,000 USD73,776,000 USD
Percentage of price increase1.60%0.00%3.71%
Traded lots21 lot 3,000 tons75
Coal quality specificationAsh (dry,%) ≤ 11%H2O 6%-9%Ash (db): 13.0 (-3.0; +3.0)
Volatile matter (dry, ash free basis,%) ≤ 28%Au 0.01%-0.03%Moisture (ad): 1.0 max
Sulfur (dry, %) ≤ 0.85%Al 0.2%-0.4%Volatile (daf): 26.0 (-2.0; +2.0)
Total moisture  ≤ 9%S 0.02%-0.05%Sulphur (ad): ≤1.5
G index ≥ 75Ag < 1G-index (5:1): ≥75
 Cu < 0.5 
 Pb < 2 

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