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February 14, COMMODITIES TRADING REPORT

2024-02-14 17:18:11

On February 14th, “Energy Resources” LLC’s 3 lots, totaling 19,200 tons of washed hard coking coal and “Mongolrostsvetmet” SOE’s 7 lots, totaling 23,100 tons of FE-65% iron ore concentrate, were traded on the MSE.

Information about the traded coal
Commodity nameCoalIron
Commodity typeWashed hardConcentrate
Commodity classificationWashed hard coking coalFe-65%
Online trading date 2024.02.142024.02.14
Number of bidders72
Name of the coal seller"ENERGY RESOURCE" LLC"MONGOLROSTSVETMENT" SOE
Address of the coal sellerMongolia, Ulaanbaatar, Sukhbaatar district, 1st khoroo, Central tower, 16th floor, 14200Mongolia, Ulaanbaatar, Bayanzurkh district, 22th khoroo, Peace Ave-98
Registration number of the orderER-24028MRTSM-104
Contract typeForwardSpot
Product codeC01-2024021401FE01-2024021402
Minimum price, type of currency1,250 CNY/ton95 USD/ton
Transaction price1,420 CNY/ton95 USD/ton
Trade amount27,264,000 CNY2,194,500 USD
Percentage of price increase13.60%0.00%
Traded lots3 lots 19200 tons7 lots 23,100 tons
Coal quality specificationAsh (dry,%) ≤ 11%H2O 6%-9%
Volatile matter (dry, ash free basis,%) ≤ 28%Au 0.01%-0.03%
Sulfur (dry, %) ≤ 0.85%Al 0.2%-0.4%
Total moisture  ≤ 9%S 0.02%-0.05%
G index ≥ 75Ag < 1
 Cu < 0.5

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