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NOVEMBER 7, COMMODITIES TRADING REPORT

2023-11-07 16:05:58

On November 7th, “Energy Resources" LLC's 2 lots, totaling 12,800 tons of washed hard coking coal, “Mongolrostsvetmet" SOE's 1 lot, totaling 3,250 tons of FE-52% iron ore,  “Tavantolgoi” JSC’s 98 lots, totaling 627,200 tons of coking coal with medium volatile matter were traded on the MSE. 

Information about the traded coal
Commodity nameCoalIronCoal
Commodity typeWashed hardOreRaw
Commodity classificationWashed hard coking coalFe-52%Coking coal with medium volatile matter
Online trading date 2023.11.072023.11.072023.11.07
Number of bidders375
Name of the coal seller"ENERGY RESOURCE" LLC"MONGOLROSTSVETMENT" SOE"TAVANTOLGOI" JSC
Address of the coal sellerMongolia, Ulaanbaatar, Sukhbaatar district, 1st khoroo, Central tower, 16th floor, 14200Mongolia, Ulaanbaatar, Bayanzurkh district, 22th khoroo, Peace Ave-98Tavan Tolgoi JSC, Tsagaan-Ovoo bag, Tsogttsetsii soum, Umnugobi province
Registration number of the orderER-23087MRTSM-38TTOA/2023/014
Contract typeForwardSpotForward
Product codeC01-2023110701FE03-2023110701C03-2023110702
Minimum price, type of currency1330 CNY/ton70 USD/ton145.10 USD/ton
Transaction price1450 CNY/ton83 USD/ton171.60 USD/ton
Trade amount18,560,000 CNY269,750 USD107,627,520 USD
Percentage of price increase9.02%18.57%18.26%
Traded lots2 lots 12,800 tons1 lot 3,250 tons98 lots 627,200 tons
Coal quality specificationAsh (dry,%) ≤ 11%H2O  0.5-1.0%Ash (db): 13.19 (-3.0;+3.0)
Volatile matter (dry, ash free basis,%) ≤ 28%Au 0.01%-0.03%Total Moisture (ar): 2.14
Sulfur (dry, %) ≤ 0.85%Al 0.2%-0.6%Volatile (daf): 25.9 (-2.0;+2.0)
Total moisture  ≤ 9%S 0.02%-0.05%Total Sulphur (db) : 0.58
G index ≥ 75Ag < 1/10,000Y-index ≤ 25mm
 Cu < 1.4/10,000G-index (5:1): ≥ 70
 Pb < 16/10,000 

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