MCE follows the principle of “openness, transparency, and fairness”, imports advanced technology and equipment meeting international standards, ensures “online” transaction equality of nationwide, timely provides participants with price, quotations, and other important information, and helps the farmers and herder’s cooperative with a fair market.
What we trade
There are 21 types raw materials of 6 group commodities traded on the market:
Our trading contracts
- Spot contract
- Forward contract
- Future contract
- Option contract
Mce has entered into authorized warehouse agreement with 16 warehouses in ulaanbaatar and with 106 warehouses in local area.
MCE has entered into membership agreement with 5 permanent members of the brokers and with 69 non-permanent members of the cooperatives
To establish a comprehensive system for supplying, storing, transporting and trading in agricultural goods and raw materials in accordance with quality standards, thus increasing participation of herders and cooperatives in trading activities to support sustainable income generation, support domestic producers, promote exports and develop digital agriculture.
The objective of the company is to develop modern and professional agricultural commodity market in Mongolia.
In 2011, the “Law on Agricultural Products and Commodity Exchange” was legalized and in 2013 state-owned Mongolian Commodity Exchange LLC was established.
Mongolian Commodity Exchange LLC
COOPERATION WITH THE UN
Total value of trades TRILLION
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- Bayanzurkh district, 13381 Peace Avenue 18A-1, Namac building, 2nd floor