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Week 21 of 202605/18/202605/22/2026

Weekly Market Report

Trading results

05/18/202605/22/2026

During this week, the Mongolian Stock Exchange mining exchange registered 18 Coal trades and 12 Iron trades, for 30 call trades in total, with a fulfillment rate of 80%.

Coal: 18 of 18 trades were fulfilled (100%), totaling 43,964,640,000 CNY and 15,317,788,352 USD and 193,681,280 tonnes of products.

CompanyTypeAnnounced priceSold priceQuantityDateContract typeAttachment
1Mongolian Mining Corporation JSCWashed medium-ash semi-hard coking coal450475 CNY9,120,000 tonnes05/18/2026Forward
2Erdenes Tavantolgoi JSC1/3 coking coal77.184.1 USD5,382,400 tonnes05/18/2026Forward
3Erdenes Tavantolgoi JSCWashed non-coking coal64.468.6 USD4,390,400 tonnes05/19/2026Forward
4Erdenes Tavantolgoi JSCWashed weakly caking coal114.6120.1 USD7,686,400 tonnes05/19/2026Forward
5Erdenes Tavantolgoi JSC1/3 coking coal84.1105.1 USD13,452,800 tonnes05/19/2026Forward
6Mongolian Mining Corporation JSCWashed coking coal900970 CNY12,416,000 tonnes05/19/2026Forward
7Erdenes Tavantolgoi JSCWashed weakly caking coal117.5117.5 USD7,520,000 tonnes05/20/2026Forward
8Erdenes Tavantolgoi JSCThermal coal (bituminous, non-caking coal)64.464.4 USD8,243,200 tonnes05/20/2026Forward
9Tavantolgoi JSCMedium volatile coking coal127127 USD64,211,200 tonnes05/20/2026Forward
10Erdenes Tavantolgoi JSCMedium volatile coking coal131.4138.4 USD2,657,280 tonnes05/20/2026Forward
11Mongolian Mining Corporation JSCWashed coking coal900955 CNY12,224,000 tonnes05/20/2026Forward
12Erdenes Tavantolgoi JSCWashed weakly caking coal111.3111.3 USD7,123,200 tonnes05/21/2026Forward
13Mongolian Mining Corporation JSCWashed medium-ash semi-hard coking coal450470 CNY9,024,000 tonnes05/21/2026Forward
14Erdenes Tavantolgoi JSC1/3 coking coal70.176.1 USD4,870,400 tonnes05/21/2026Forward
15Erdenes Tavantolgoi JSC1/3 coking coal88.8103.3 USD6,611,200 tonnes05/21/2026Forward
16Erdenes Tavantolgoi JSCWashed non-coking coal64.467.7 USD4,332,800 tonnes05/22/2026Forward
17Erdenes Tavantolgoi JSCWashed non-coking coal6168.5 USD2,192,000 tonnes05/22/2026Forward
18Mongolian Mining Corporation JSCWashed coking coal900955 CNY12,224,000 tonnes05/22/2026Forward

Iron: 6 of 12 trades were fulfilled (50%), totaling 347,498,250 USD and 4,247,100 tonnes of products.

CompanyTypeAnnounced priceSold priceQuantityDateContract typeAttachment
1Erdenes Critical Minerals SOEFe-52% iron ore7073 USD481,800 tonnes05/18/2026Forward
2Erdenes Critical Minerals SOEFe-65% iron concentrate9094 USD1,861,200 tonnes05/18/2026Forward
3Erdenes Critical Minerals SOEFe-52% iron ore7070 USD462,000 tonnes05/19/2026Forward
4Darkhan Metallurgical Plant LLCFe-58% iron concentrate60No bid-05/20/2026Forward
5Darkhan Metallurgical Plant LLCFe-58% iron concentrate60No bid-05/20/2026Forward
6Erdenes Critical Minerals SOEFe-52% iron ore7072.5 USD478,500 tonnes05/20/2026Forward
7Darkhan Metallurgical Plant LLCFe-58% iron concentrate60No bid-05/20/2026Forward
8Darkhan Metallurgical Plant LLCFe-58% iron concentrate59No bid-05/21/2026Forward
9Darkhan Metallurgical Plant LLCFe-58% iron concentrate59No bid-05/21/2026Forward
10Erdenes Critical Minerals SOEFe-52% iron ore7073 USD481,800 tonnes05/21/2026Forward
11Darkhan Metallurgical Plant LLCFe-58% iron concentrate59No bid-05/21/2026Forward
12Erdenes Critical Minerals SOEFe-52% iron ore7073 USD481,800 tonnes05/22/2026Forward

Trade notices for this week

05/18/2026 05/22/2026

Coal

CompanyTypeAnnounced priceQuantityDateOrder numberAttachment
1Erdenes Tavantolgoi JSC1/3 coking coal77.1 $1005/18/20262694-13 CO
2Mongolian Mining Corporation JSCWashed medium-ash semi-hard coking coal450 ¥305/18/2026ER-26090
3Erdenes Tavantolgoi JSCWashed non-coking coal64.4 $1005/19/20262614-WTC
4Erdenes Tavantolgoi JSCWashed weakly caking coal114.6 $1005/19/20262611-13 WCO
5Erdenes Tavantolgoi JSC1/3 coking coal84.1 $2005/19/20262695-13 CO
6Mongolian Mining Corporation JSCWashed coking coal900 ¥205/19/2026ER-26091
7Erdenes Tavantolgoi JSCWashed weakly caking coal117.5 $1005/20/20262612-13 WCO
8Tavantolgoi JSCMedium volatile coking coal127 $7905/20/2026TTOA-2026-021
9Erdenes Tavantolgoi JSCThermal coal (bituminous, non-caking coal)64.4 $2005/20/20262615-TC
10Erdenes Tavantolgoi JSCMedium volatile coking coal131.4 $305/20/20262611- CO
11Mongolian Mining Corporation JSCWashed coking coal900 ¥205/20/2026ER-26092
12Erdenes Tavantolgoi JSCWashed weakly caking coal111.3 $1005/21/20262613-13 WCO
13Erdenes Tavantolgoi JSC1/3 coking coal70.1 $1005/21/20262697-13 CO
14Mongolian Mining Corporation JSCWashed medium-ash semi-hard coking coal450 ¥305/21/2026ER-26093
15Erdenes Tavantolgoi JSCWashed non-coking coal64.4 $1005/22/20262616-WTC
16Mongolian Mining Corporation JSCWashed coking coal900 ¥205/22/2026ER-26094

Iron

CompanyTypeAnnounced priceQuantityDateOrder numberAttachment
1Эрдэнэс критикал минералс ТӨҮГ /Монголросцветмет ТӨҮГ/Fe-52% iron ore70 $205/18/2026ECM-26-77
2Эрдэнэс критикал минералс ТӨҮГ /Монголросцветмет ТӨҮГ/Fe-65% iron concentrate90 $605/18/2026ECM-26-82
3Erdenes Critical Minerals SOEFe-52% iron ore70 $205/18/2026ECM-26-77
4Erdenes Critical Minerals SOEFe-65% iron concentrate90 $605/18/2026ECM-26-82
5Эрдэнэс критикал минералс ТӨҮГ /Монголросцветмет ТӨҮГ/Fe-52% iron ore70 $205/19/2026ECM-26-78
6Erdenes Critical Minerals SOEFe-52% iron ore70 $205/19/2026ECM-26-78
7Darkhan Metallurgical Plant LLCFe-58% iron concentrate60 $5405/20/2026DMP-2639
8Эрдэнэс критикал минералс ТӨҮГ /Монголросцветмет ТӨҮГ/Fe-52% iron ore70 $205/20/2026ECM-26-79
9Erdenes Critical Minerals SOEFe-52% iron ore70 $205/20/2026ECM-26-79
10Darkhan Metallurgical Plant LLCFe-58% iron concentrate59 $5405/21/2026DMP-2642
11Эрдэнэс критикал минералс ТӨҮГ /Монголросцветмет ТӨҮГ/Fe-52% iron ore70 $205/21/2026ECM-26-80
12Erdenes Critical Minerals SOEFe-52% iron ore70 $205/21/2026ECM-26-80
13Эрдэнэс критикал минералс ТӨҮГ /Монголросцветмет ТӨҮГ/Fe-52% iron ore70 $205/22/2026ECM-26-81
14Erdenes Critical Minerals SOEFe-52% iron ore70 $205/22/2026ECM-26-81
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