Mongolia's coal exports rise 11.7 pct in first 4 months

Mongolia's coal exports increased 11.7 percent year on year in the first four months of 2019, the Mongolian Customs General Administration (MCGA) said Thursday.

The resource-rich Asian country exported around 11.4 million tons of coal during the period, which was worth 961 million U.S. dollars, posting a year-on-year rise to 21.6 percent.

The coal price per ton was an average of 77.8 dollars from January to April in 2018, and it increased to 84.4 dollars on a year-on-year basis in 2019, the MCGA said in a statement.

Coal is the landlocked country's main export commodity. The country exported a total of 36.5 million tons of coal in 2018, reaching an all-time high.

The country has set itself the goal of increasing coal exports to 40 million tons in the coming years.

Mongolia's coal exports increased 11.7 percent year on year in the first four months of 2019, the Mongolian Customs General Administration (MCGA) said Thursday.

The resource-rich Asian country exported around 11.4 million tons of coal during the period, which was worth 961 million U.S. dollars, posting a year-on-year rise to 21.6 percent.

The coal price per ton was an average of 77.8 dollars from January to April in 2018, and it increased to 84.4 dollars on a year-on-year basis in 2019, the MCGA said in a statement.

Coal is the landlocked country's main export commodity. The country exported a total of 36.5 million tons of coal in 2018, reaching an all-time high.

The country has set itself the goal of increasing coal exports to 40 million tons in the coming years.