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Week 12 of 202603/16/2026 – 03/20/2026

Weekly Market Report

Trading results

03/16/2026 – 03/20/2026

During this week, the Mongolian Stock Exchange mining exchange registered 26 Coal trades and 2 Iron trades, for 28 call trades in total, with a fulfillment rate of 96.43%.

Coal: 25 of 26 trades were fulfilled (96.15%), totaling 11,643,483,840 USD and 41,612,160,000 CNY and 171,971,200 tonnes of products.

№CompanyTypeAnnounced priceSold priceQuantityDateContract typeAttachment
1Erdenes Tavantolgoi JSC1/3 coking coal58.566 USD2,112,000 tonnes03/16/2026Forward
MNENCN
2Mongolian Mining Corporation JSCWashed medium-ash semi-hard coking coal350395 CNY7,584,000 tonnes03/16/2026Forward
MNENCN
3Erdenes Tavantolgoi JSC1/3 coking coal68.179.1 USD5,062,400 tonnes03/16/2026Forward
MNENCN
4Erdenes Tavantolgoi JSC1/3 coking coal74.387.3 USD2,793,600 tonnes03/16/2026Forward
MNENCN
5Usukh Zoos LLC1/3 coking coal466No bid-03/17/2026Forward
MNENCN
6Erdenes Tavantolgoi JSC1/3 coking coal58.566.5 USD2,128,000 tonnes03/17/2026Forward
MNENCN
7Erdenes Tavantolgoi JSC1/3 coking coal68.174.1 USD4,742,400 tonnes03/17/2026Forward
MNENCN
8Erdenes Tavantolgoi JSC1/3 coking coal74.387.8 USD2,809,600 tonnes03/17/2026Forward
MNENCN
9Mongolian Mining Corporation JSCWashed coking coal800940 CNY12,032,000 tonnes03/17/2026Forward
MNENCN
10Erdenes Tavantolgoi JSC1/3 coking coal58.666.1 USD4,230,400 tonnes03/18/2026Forward
MNENCN
11Mongolian Mining Corporation JSCWashed medium-ash semi-hard coking coal350405 CNY7,776,000 tonnes03/18/2026Forward
MNENCN
12Erdenes Tavantolgoi JSC1/3 coking coal68.374.8 USD2,393,600 tonnes03/18/2026Forward
MNENCN
13Tavantolgoi JSCMedium volatile coking coal115124 USD12,697,600 tonnes03/18/2026Forward
MNENCN
14Erdenes Tavantolgoi JSC1/3 coking coal95.495.4 USD6,105,600 tonnes03/18/2026Forward
MNENCN
15Саусгоби Сэндс ХХКHigh volatile gas coal290290 CNY1,856,000 tonnes03/19/2026Forward
MNENCN
16Tavantolgoi JSCMedium volatile coking coal118137 USD14,028,800 tonnes03/19/2026Forward
MNENCN
17Erdenes Tavantolgoi JSC1/3 coking coal68.376.3 USD4,883,200 tonnes03/19/2026Forward
MNENCN
18Tavantolgoi JSCMedium volatile coking coal118130 USD13,312,000 tonnes03/19/2026Forward
MNENCN
19Erdenes Tavantolgoi JSC1/3 coking coal74.487.9 USD2,812,800 tonnes03/19/2026Forward
MNENCN
20Хангад Эксплорэйшн ХХКWashed weakly caking coal650690 CNY17,664,000 tonnes03/19/2026Forward
MNENCN
21Erdenes Tavantolgoi JSCThermal coal (bituminous, non-caking coal)38.947 USD6,016,000 tonnes03/20/2026Forward
MNENCN
22Erdenes Tavantolgoi JSC1/3 coking coal58.667.1 USD4,294,400 tonnes03/20/2026Forward
MNENCN
23Erdenes Tavantolgoi JSC1/3 coking coal68.375.8 USD2,425,600 tonnes03/20/2026Forward
MNENCN
24Tavantolgoi JSCMedium volatile coking coal115134 USD13,721,600 tonnes03/20/2026Forward
MNENCN
25Erdenes Tavantolgoi JSC1/3 coking coal95.499.9 USD6,393,600 tonnes03/20/2026Forward
MNENCN
26Mongolian Mining Corporation JSCWashed coking coal800945 CNY12,096,000 tonnes03/20/2026Forward
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Iron: 2 of 2 trades were fulfilled (100%), totaling 63,772,500 USD and 917,400 tonnes of products.

№CompanyTypeAnnounced priceSold priceQuantityDateContract typeAttachment
1Erdenes Critical Minerals SOEFe-52% iron ore6570.5 USD465,300 tonnes03/17/2026Forward
MNENCN
2Erdenes Critical Minerals SOEFe-52% iron ore6568.5 USD452,100 tonnes03/19/2026Forward
MNENCN

Trade notices for this week

03/16/2026 – 03/20/2026

Coal

№CompanyTypeAnnounced priceQuantityDateOrder numberAttachment
1Erdenes Tavantolgoi JSC1/3 coking coal58.5 $503/16/202626-40 1-3 CO
MNENCN
2Mongolian Mining Corporation JSCWashed medium-ash semi-hard coking coal350 ¥303/16/2026ER-26046
MNENCN
3Usukh Zoos LLC1/3 coking coal466 ¥303/17/2026UZ-01-2026
MNENCN
4Erdenes Tavantolgoi JSC1/3 coking coal58.5 $503/17/202626-43 1-3 CO
MNENCN
5Mongolian Mining Corporation JSCWashed coking coal800 ¥203/17/2026ER-26047
MNENCN
6Erdenes Tavantolgoi JSC1/3 coking coal58.6 $1003/18/202626-46 1-3 CO
MNENCN
7Tavantolgoi JSCMedium volatile coking coal115 $1603/18/2026TTOA-2026-005
MNENCN
8Mongolian Mining Corporation JSCWashed medium-ash semi-hard coking coal350 ¥303/18/2026ER-26048
MNENCN
9Erdenes Tavantolgoi JSC1/3 coking coal68.3 $1003/19/202626-48 1-3 CO
MNENCN
10Саусгоби Сэндс ХХКHigh volatile gas coal290 ¥103/19/202626-01 SGS
MNENCN
11Tavantolgoi JSCMedium volatile coking coal118 $1603/19/2026TTOA-2026-008
MNENCN
12Хангад Эксплорэйшн ХХКWashed weakly caking coal650 ¥403/19/2026KH-26009
MNENCN
13SouthGobi Sands LLCHigh volatile gas coal290 ¥103/19/202626-01 SGS
MNENCN
14Erdenes Tavantolgoi JSCThermal coal (bituminous, non-caking coal)38.9 $2003/20/202626-03 TC
MNENCN
15Erdenes Tavantolgoi JSC1/3 coking coal58.6 $1003/20/202626-51 1-3 CO
MNENCN
16Tavantolgoi JSCMedium volatile coking coal115 $1603/20/2026TTOA-2026-006
MNENCN
17Mongolian Mining Corporation JSCWashed coking coal800 ¥203/20/2026ER-26049
MNENCN

Iron

№CompanyTypeAnnounced priceQuantityDateOrder numberAttachment
1Эрдэнэс критикал минералс ТӨҮГ /Монголросцветмет ТӨҮГ/Fe-52% iron ore65 $203/17/2026ECM-26-55
MNENCN
2Erdenes Critical Minerals SOEFe-52% iron ore65 $203/17/2026ECM-26-55
MNENCN
3Эрдэнэс критикал минералс ТӨҮГ /Монголросцветмет ТӨҮГ/Fe-52% iron ore65 $203/19/2026ECM-26-56
MNENCN
4Erdenes Critical Minerals SOEFe-52% iron ore65 $203/19/2026ECM-26-56
MNENCN
The report covers Monday through Friday. After Friday 20:00 Ulaanbaatar time the current week is shown; before then the previous week is shown.Source: comex.mse.mn