ETT fails to sell Mongolian 1/3 coking coal

On Dec 24, an auction of 64-Kt Mongolian 1/3 coking coal (S 1%, A 9%, V 28-37%, GRI 75) issued by Erdenes Tavantolgoi JSC on the Mongolian Stock Exchange started at $96.4/t, delivered to Ganqimaodu border port and exclusive of VAT, flat from Dec 23. Yet all the cargo again failed to find a buyer.

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