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

2023-10-06 17:19:22

On October 6th the trading of export coal of "Erdenes tavantolgoi" JSC's  20 lots, or a total of 128,000 tons of thermal coal, 85 lots, or a total of 544,000 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 were organized by the MSE today.

Information about the traded coal
Commodity nameCoalIronCoalCoal
Commodity typeWashed hardConcentrateRawRaw
Commodity classificationWashed hard coking coalFe-65%Thermal coalCoking coal
Online trading date 2023.10.062023.10.062023.10.062023.10.06
Number of bidders3112
Name of the coal seller"ENERGY RESOURCE" LLC"MONGOLROSTSVETMENT" SOE"ERDENES TAVAN TOLGOI" JSC"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 centerMongolia, Ulaanbaatar, Chingeltei district, 1st khoroo, Jigjidjav street-8, Finance center
Registration number of the orderER-23064MRTSM-1223/11-OX23/28-CO
Contract typeForwardSpotForwardForward
Product codeC01-2023100601FE01-2023100601C05-2023100602C03-2023100603
Minimum prie, type of currency1,330 CNY/ton97 USD/ton64.1 USD//ton152.90 USD//ton
Transaction price1,380 CNY/ton97 USD/ton64.1 USD//ton152.90 USD//ton
Trade amount17,664,000 CNY291,000 USD8,204,800 USD 83,177,600 USD 
Percentage of price increase3.76%0.00%0.00%0.00%
Traded lots21 lot 3,000 tons2085
Coal quality specificationAsh (dry,%) ≤ 11%H2O 6%-9%Ash (db): 18.5 (-5.0; +5.0)Ash (db): 13.0 (-3.0; +3.0)
Volatile matter (dry, ash free basis,%) ≤ 28%Au 0.01%-0.03%Total moisture (ar): 6.0 (-3.0; +3.0)Moisture (ad): 1.0 max
Sulfur (dry, %) ≤ 0.85%Al 0.2%-0.4%Volatile (daf): 32.0 (-5.0; +5.0)Volatile (daf): 26.0 (-2.0; +2.0)
Total moisture  ≤ 9%S 0.02%-0.05%Total sulphur (db): ≤1.5% maxSulphur (ad): ≤1.5
G index ≥ 75Ag < 1Calorific (cal/g): 5500 (-800; +500)G-index (5:1): ≥75
 Cu < 0.5  
 Pb < 2  

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