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NOVEMBER 8, COMMODITIES TRADING REPORT

2023-11-08 15:25:48

On November 8th, “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,  “Darkhan Metallurgical Plant” LLC’s 4 lots, totaling 13,600 tons of FE-58% iron ore concentrate were traded on the MSE. 

Information about the traded coal
Commodity nameCoalIronIron
Commodity typeWashed hardOreConcentrate
Commodity classificationWashed hard coking coalFe-52%Fe-58%
Online trading date 2023.11.082023.11.082023.11.08
Number of bidders572
Name of the coal seller"ENERGY RESOURCE" LLC"MONGOLROSTSVETMENT" SOE"DARKHAN METALLURGICAL PLANT" LLC
Address of the coal sellerMongolia, Ulaanbaatar, Sukhbaatar district, 1st khoroo, Central tower, 16th floor, 14200Mongolia, Ulaanbaatar, Bayanzurkh district, 22th khoroo, Peace Ave-98Mongolia, Darkhan city,  Factory zone, Building of Darkhan Metallurgical Plant LLC
Registration number of the orderER-23088MRTSM-39DMP-2316
Contract typeForwardSpotForward
Product codeC01-2023110801FE03-2023110801FE02-2023110802
Minimum price, type of currency1,330 CNY/ton70 USD/ton68 USD/ton
Transaction price1,450 CNY/ton85 USD/ton72.5 USD/ton
Trade amount18,560,000 CNY276,250 USD986,000 USD 
Percentage of price increase9.02%21.43%6.62%
Traded lots2 lots 12,800 tons1 lot 3,250 tons4 lots 13,600 tons
Coal quality specificationAsh (dry,%) ≤ 11%H2O  0.5-1.0%H2O 0-2
Volatile matter (dry, ash free basis,%) ≤ 28%Au 0.01%-0.03%Fe 57%-61%
Sulfur (dry, %) ≤ 0.85%Al 0.2%-0.6%S 3.0% (average)
Total moisture  ≤ 9%S 0.02%-0.05%Al2О3 1.4% (average)
G index ≥ 75Ag < 1/10,000SiO2 6.0% (average)
 Cu < 1.4/10,000TiO2 0.15% (average)
 Pb < 16/10,000P 0.02% (average)
  Pieces 10-40 mm
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