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ER Company in Mongolia conducts online auction for thermal coal; all 19,200 tons listed are sold.
On March 11, the ER company in Mongolia conducted an online auction for thermal coal. The starting bid for ER’s thermal coal was 350 yuan/ton for A25, V10-28, S1.0, Mt10.0, Q5500, G20-60, with a total of 19,200 tons available for sale, all of which were sold at a transaction price of 400 yuan/ton, remaining unchanged from the previous period on the 9th. All prices are exclusive of tax. The supply location is the Ganqimaodu Port supervision area in China, with the final supply date set for June 17, 2026. (My Steel Network)