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February 2, COMMODITIES TRADING REPORT

2024-02-02 18:03:43

On February 2nd, “Energy Resources” LLC’s 2 lots, totaling 12,800 tons of washed mid-ash semi-hard coking coal, “Mongolrostsvetmet” SOE’s 1 lot, totaling 3,300 tons of FE-65% iron ore concentrate, "Darkhan metallurgical plant" LLC’s 2 lots, totaling 6,300 tons of Fe-58% iron ore concentrate, and "Erdenes Tavantolgoi" JSC’s 157 lots 1,004,800 tons of coking coal were traded on the MSE.

Information about the traded coal
Commodity nameCoalIronIronCoal
Commodity typeWashed hardConcentrateConcentrateRaw
Commodity classificationwashed mid-ash semi-hard coking coalFe-65%Fe-58%Coking coal
Online trading date 2024.02.022024.02.022024.02.022024.02.02
Number of bidders7113
Name of the coal seller"ENERGY RESOURCE" LLC"MONGOLROSTSVETMENT" SOE"DARKHAN METALLURGICAL PLANT" LLC"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, Bayanzurkh district, 22th khoroo, Peace Ave-98Mongolia, Ulaanbaatar, Chingeltei district, 1st khoroo, Jigjidjav street-8, Finance center
Registration number of the orderER-24020MRTSM-95DMP-2409ETT-23/36-CO
Contract typeForwardSpotForwardForward
Product codeC06-2024020201FE01-2024020201FE02-2024020202C03-2024020202
Minimum prie, type of currency500 CNY/ton105 USD/ton73 USD/ton163.30 USD//ton
Transaction price570 CNY/ton105 USD/ton73 USD/ton163.30 USD//ton
Trade amount7,296,000 CNY346,500 USD459,900 USD /тонн164,083,840 USD /тонн
Percentage of price increase14.00%0.00%0.00%0.00%
Traded lots2 lots 12800 tons1 lot 3,300 tons2 lots 6,300 tons157 lots 1,004,800 tons
Coal quality specificationAsh (dry,%) ≤ 18-25%H2O 6%-9%H2O 0-2Ash (db): 13.0 (-3.0; +3.0)
Volatile matter (dry, ash free basis,%) ≤ 28%Au 0.01%-0.03%Fe 57%-61%Moisture (ad): 1.0 max
Sulfur (dry, %) ≤ 1.0%Al 0.2%-0.4%S 3.42% (average)Volatile (daf): 26.0 (-2.0; +2.0)
Total moisture  ≤ 9%S 0.02%-0.05%Al2О3 1.4% (average)Sulphur (ad): ≤1.5
G index ≥ 20Ag < 1SiO2 6.13% (average)G-index (5:1): ≥75
Calorific (kcal/g)≈ 5500Cu < 0.5TiO2 0.15% (average) 
 Pb < 2P 0.02% (average) 
  Pieces 10-40 mm 

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