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NOVEMBER 10, COMMODITIES TRADING REPORT

2023-11-10 17:27:23

On November 10th, “Energy Resources" LLC's 2 lots, totaling 12,800 tons of washed hard coking coal, “Mongolrostsvetmet" SOE's 1 lot, totaling 3,250 tons and 16 lots, totaling 52,000 tons of FE-52% iron ore,  “Darkhan Metallurgical Plant” LLC’s 2 lots, totaling 6,800 tons of FE-58% iron ore concentrate were traded on the MSE. 

Information about the traded coal
Commodity nameCoalIronIronIron
Commodity typeWashed hardOreOreConcentrate
Commodity classificationWashed hard coking coalFe-52%Fe-52%Fe-58%
Online trading date 2023.11.102023.11.102023.11.102023.11.10
Number of bidders6614
Name of the coal seller"ENERGY RESOURCE" LLC"MONGOLROSTSVETMENT" SOE"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, Ulaanbaatar, Bayanzurkh district, 22th khoroo, Peace Ave-98Mongolia, Darkhan city,  Factory zone, Building of Darkhan Metallurgical Plant LLC
Registration number of the orderER-23090MRTSM-41MRTSM-42DMP-2318
Contract typeForwardSpotSpotForward
Product codeC01-2023111001FE03-2023111001FE03-2023111002FE02-2023111003
Minimum price, type of currency1,330 CNY/ton70 USD/ton70 USD/ton70 USD/ton
Transaction price1,460 CNY/ton80.5 USD/ton70 USD/ton77.5 USD/ton
Trade amount18,688,000 CNY261,625 USD3,640,000 USD527,000 USD
Percentage of price increase9.77%15.00%-10.71%
Traded lots2 lots 12,800 tons1 lot 3,250 tons16 lot 52,000 tons2 lots 6,800 tons
Coal quality specificationAsh (dry,%) ≤ 11%H2O  0.5-1.0%H2O  0.5-1.0%H2O 0-2
Volatile matter (dry, ash free basis,%) ≤ 28%Au 0.01%-0.03%Au 0.01%-0.03%Fe 57%-61%
Sulfur (dry, %) ≤ 0.85%Al 0.2%-0.6%Al 0.2%-0.6%S 3.0% (average)
Total moisture  ≤ 9%S 0.02%-0.05%S 0.02%-0.05%Al2О3 1.4% (average)
G index ≥ 75Ag < 1/10,000Ag < 1/10,000SiO2 6.0% (average)
 Cu < 1.4/10,000Cu < 1.4/10,000TiO2 0.15% (average)
 Pb < 16/10,000Pb < 16/10,000P 0.02% (average)
   Pieces 10-40 mm

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