On Dec 20, Mongolian miner Khangad Exploration LLC put 12.8 Kt of Mongolian 1/3 washed coking coal (S 0.85%, A 9.5%, VM 28%, GRI 65) for auction at 800 yuan/t on the Mongolian Stock Exchange, delivered to Ganqimaodu border port and exclusive of VAT, flat from Dec 17. Yet the trade completely failed for the 3rd straight session in Dec.
KE fails auction Mongolian 1/3 washed coking coal on Dec 20
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