The thermal coal of “Tavantolgoi” JSC was traded with an 84.72% increase.
Amarsanaa Sunduijav
Verified Editorial
On April 29, 2026, the highest growth record in mining product trading was updated on the Mongolian Stock Exchange, marking a significant milestone that reflects increasing market activity.
Previously, on October 22, 2025, Tavantolgoi set a record when 16 lots, or 102,400 tons, of semi-coking coal were traded. The price rose from USD 36 per ton to USD 64 per ton, representing a 77.78% increase—an important signal of growing demand in the coal market at that time.
In this latest development, the record has been surpassed once again. Tavantolgoi traded 8 lots, or 51,200 tons, of thermal coal (sub-bituminous, weakly coking type), with the price increasing from USD 36 per ton to USD 66.5 per ton. This represents a sharp rise of 84.72%, establishing a new historical high in mining product trading.
This surge highlights a notable increase in buyer interest and demand for thermal coal. Analysts suggest that this trend may indicate further growth in both coal prices and trading volumes. It also reflects the strengthening of a more transparent and competitive trading environment through the domestic exchange.