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NOVEMBER 9, COMMODITIES TRADING REPORT

2023-11-09 15:33:59

On November 9th, “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,  “Erdenes Tavantolgoi” JSC’s 25 lots, totaling 160,000 tons of coking coal were traded on the MSE. 

Information about the traded coal
Commodity nameCoalIronCoal
Commodity typeWashed hardOreRaw
Commodity classificationWashed hard coking coalFe-52%Coking coal
Online trading date 2023.11.092023.11.092023.11.09
Number of bidders664
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-23089MRTSM-4023/31-CO
Contract typeForwardSpotForward
Product codeC01-2023110901FE03-2023110901C03-2023110902
Minimum price, type of currency1,330 CNY/ton70 USD/ton132.0 USD//ton
Transaction price1,500 CNY/ton85 USD/ton151.0 USD//ton
Trade amount19,200,000 CNY276,250 USD24,160,000.00 USD
Percentage of price increase12.78%21.43%14.39%
Traded lots2 lots 12,800 tons1 lot 3,250 tons25 lots 160,000 tons
Coal quality specificationAsh (dry,%) ≤ 11%H2O  0.5-1.0%Ash (db): 20.5 (-5.0; +5.0)
Volatile matter (dry, ash free basis,%) ≤ 28%Au 0.01%-0.03%Moisture (ar): 2.5 (-0.7;+1.5)
Sulfur (dry, %) ≤ 0.85%Al 0.2%-0.6%Volatile (daf): 32.1 (-1.0; +1.0)
Total moisture  ≤ 9%S 0.02%-0.05%Sulphur (db):0.95 (-0.3;+0.5)
G index ≥ 75Ag < 1/10,000G-index (5:1): 75.0 (-10.0;+5.0)
 Cu < 1.4/10,000 
 Pb < 16/10,000 

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