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February 20, COMMODITIES TRADING REPORT

2024-02-20 17:27:51

On February 20th, "ENERGY RESOURCE" LLC’s 2 lots, totaling 12,800 tons of washed mid-ash semi-hard coking coal, "MONGOLROSTSVETMENT" 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-52% iron ore and “Darkhan metallurgical plant” LLC’s 2 lots, totaling 6,300 tons of FE-58% iron ore concentrate were traded on the MSE. 

Information about the traded coal
Commodity nameCoalIronIronIron
Commodity typeWashed hardConcentrateOreConcentrate
Commodity classificationwashed mid-ash semi-hard coking coalFe-65%Fe-52%Fe-58%
Online trading date 2024.02.202024.02.202024.02.202024.02.20
Number of bidders7222
Name of the coal seller"ENERGY RESOURCE" LLC"MONGOLROSTSVETMENT" SOE"DARKHAN METALLURGICAL PLANT" LLC"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, Ulaanbaatar, Bayanzurkh district, 22th khoroo, Peace Ave-98
Registration number of the orderER-24031MRTSM-106DMP-2424DMP-2419
Contract typeForwardSpotForwardForward
Product codeC06-2024022001FE01-2024022001FE03-2024022002FE02-2024022003
Minimum prie, type of currency500 CNY/ton95 USD/ton56 USD/ton72 USD/ton
Transaction price590 CNY/ton101.50 USD/ton62.5 USD/ton73.5 USD/ton
Trade amount7,552,000 CNY334,950 USD393,750 USD 463,050 USD 
Percentage of price increase18.00%6.84%11.61%2.08%
Traded lots2 lots 12,800 tons1 lot 3,300 tons2 lots 6,300 tons2 lots 6,300 tons
Coal quality specificationAsh (dry,%) ≤ 18-25%H2O 6%-9%H2O 0-2H2O 0-2
Volatile matter (dry, ash free basis,%) ≤ 28%Au 0.01%-0.03%Fe 52%Fe 58%
Sulfur (dry, %) ≤ 1.0%Al 0.2%-0.4%S 3.5% (average)S 3.5% (average)
Total moisture  ≤ 9%S 0.02%-0.05%Al2О3 2.1% (average)Al2О3 1.3% (average)
G index ≥ 20Ag < 1SiO2 9.0% (average)SiO2 6.0% (average)
Calorific (kcal/g)≈ 5500Cu < 0.5TiO2 0.2% (average)TiO2 0.1% (average)
  P 0.04% (average)P 0.02% (average)
  Pieces 0-40 mmPieces 0-40 mm

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