Ulaanbaatar
The First e-Auction Trading of Export Coal
Economy
Ulaanbaatar, February 15, 2023 /MONTSAME/. The Mongolian Stock Exchange successfully organized the first e-Auction trading of export coal of “Energy Resources” LLC today. Five lots, or a total of 32,000 tons of washed hard coking coal, have been traded during the auction.
The price has increased by 11.66 percent, reaching CNY 1340 during the auction.
Seven companies participated in today’s auction, out of which four companies submitted bids.
The next auction of the
“Erdenes Tavantolgoi” JSC’s export coal will be held on February 17, 2023, at
11:00 am, and a total of 96,000 tons of hard coking coal will be traded.
