Ulaanbaatar
Mongolian Delegates Exchange Views on Index-Based Pricing for Mineral Products Trade
Economy
Ulaanbaatar, May 16, 2025 /MONTSAME/. Mongolian delegates participated in the 12th Meeting of the Southwestern China Coal and Coke Market held on May 13-15, 2025, in Chengdu, Sichuan Province, the People’s Republic of China.
To increase the number of participants in the Mongolian Mining Products Exchange, promote the MSE's activities and the Mongolian coal market, and expand cooperation among international coal market participants, the delegates from Mongolia, specifically, Acting CEO of the Mongolian Stock Exchange Dulgun Baasandavaa provided detailed information on the Mongolian Stock Exchange, its updated trading rules, and principles.
The Mongolian Stock Exchange, in cooperation with MySteel.com, a platform for publishing international market information on steel, iron ore, non-ferrous metals, and energy, has introduced an indexed pricing mechanism in the coal trade. At the meeting, the Mongolian delegates exchanged views on initiating a research project on the impact of index-based pricing coal trading on the market, as well as the possibility of using index-based pricing for other products such as thermal coal, lignite, non-coking coal, iron ore, concentrate, and copper concentrate.
More than 300 companies and enterprises operating in coal washing, coke processing, and steel manufacturing in China participated in this meeting.
