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JANUARY 16, COMMODITIES TRADING REPORT

2024-01-16 15:49:32

In January 16th, “Energy Resources" LLC's 2 lots, totaling 12,800 tons of washed hard coking coal, “Mongolrostsvetmet" SOE's 10 lot, totaling 33,000 tons of FE-52% iron ore and “Mongolrostsvetmet" SOE's 6 lot, totaling 19,800 tons of FE-52% iron ore were traded on the MSE. 

Information about the traded coal
Commodity nameCoalIronIron
Commodity typeWashed hardOreOre
Commodity classificationWashed hard coking coalFe-52%Fe-52%
Online trading date 2024.01.162024.01.162024.01.16
Number of bidders411
Name of the coal seller"ENERGY RESOURCE" LLC"MONGOLROSTSVETMENT" SOE"MONGOLROSTSVETMENT" SOE
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-98
Registration number of the orderER-24006MRTSM-75MRTSM-76
Contract typeForwardSpotSpot
Product codeC01-2024011601FE03-2024011601FE03-2024011602
Minimum price, type of currency1,300 CNY/ton80 USD/ton80 USD/ton
Transaction price1,360 CNY/ton80 USD/ton80 USD/ton
Trade amount17,408,000 CNY2,640,000  USD1,584,000 USD
Percentage of price increase4.62%0.00%0.00%
Traded lots2 lots 12800 tons10 lots 33,000 tons6 lots 19,800 tons
Coal quality specificationAsh (dry,%) ≤ 11%H2O  0.5-1.0%H2O  0.5-1.0%
Volatile matter (dry, ash free basis,%) ≤ 28%Au 0.01%-0.03%Au 0.01%-0.03%
Sulfur (dry, %) ≤ 0.85%Al 0.2%-0.6%Al 0.2%-0.6%
Total moisture  ≤ 9%S 0.02%-0.05%S 0.02%-0.05%
G index ≥ 75Ag < 1/10,000Ag < 1/10,000
 Cu < 1.4/10,000Cu < 1.4/10,000
 Pb < 16/10,000Pb < 16/10,000
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