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"ENERGY RESOURCES" LLC'S COAL AND "MONGOLROSTSVETMET" SOE'S IRON ORE TRADE ORGANIZED

2023-10-10 13:52:39

On October 10th, the trading of export coal of ‘’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 3,250 tons of FE-52% iron ore, were organized by the MSE today.

Information about the traded coal
Commodity nameCoalIron
Commodity typeWashed hardOre
Commodity classificationWashed hard coking coalFe-52%
Online trading date 2023.10.102023.10.10
Number of bidders34
Name of the coal seller"ENERGY RESOURCE" LLC"MONGOLROSTSVETMENT" SOE
Address of the coal sellerMongolia, Ulaanbaatar, Sukhbaatar district, 1st khoroo, Central tower, 16th floor, 14200Mongolia, Ulaanbaatar, Bayanzurkh district, 22th khoroo, Peace Ave-98
Registration number of the orderER-23066MRTSM-15
Contract typeForwardSpot
Product codeC01-2023101001FE03-2023101001
Minimum prie, type of currency1330 CNY/ton70 USD/ton
Transaction price1400 CNY/ton81.5 USD/ton
Trade amount17,920,000 CNY264,875 USD
Percentage of price increase5.26%16.43%
Traded lots21 lot 3,250 tons
Coal quality specificationAsh (dry,%) ≤ 11%H2O  0.5-1.0%
Volatile matter (dry, ash free basis,%) ≤ 28%Au 0.01%-0.03%
Sulfur (dry, %) ≤ 0.85%Al 0.2%-0.6%
Total moisture  ≤ 9%S 0.02%-0.05%
G index ≥ 75Ag < 1/10,000
 Cu < 1.4/10,000
 Pb < 16/10,000

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