Mongolian coal e-auction results on Dec 22

A total of 166.4 Kt of coal was listed for auction on the Mongolian Stock Exchange on Dec 22, with a high unsold rate of 92%. ER sold 12.8 Kt of 3# washed coking coal at 845 yuan/t, delivered to Ganqimaodu border port, up 5 yuan/t from Dec 19, with a starting price of 800 yuan/t. ETT failed to find a buyer for its 1/3 coking coal and thermal coal after starting at $96.4/t and $53.3/t DAP Ganqimaodu, respectively.

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