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

Time:2019-05-14 09:20:03      Source: xinhuanet.com

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.

Index RMB/t DoD Basis Date
Datong 5500 450 0 ex-mine 06-13
Shuozhou 5200 435 0 FOR 06-13
Ordos 5500 415 0 ex-mine 06-13
Yulin 6200 535 0 ex-mine 06-13
Liulin Low-sulphur 570 0 ex-mine 06-13
Gujiao Low-sulphur 1095 0 FOR 06-13
Xingtai Low-sulphur 1210 0 ex-Factory 06-13
Yangquan PCI 770 0 FOR 06-13
Index RMB/t WoW WoW% Date
Qinhuangdao 620.0 -38.0 -5.78 06-12
Caofeidian 528.0 -39.0 -6.88 06-12
Huanghua 178.3 -12.0 -6.31 06-12
Guangzhou 290.0 13.0 4.69 06-12
coastal 6PPs 1629.8 44.7 2.82 07-02
North Ports 2697.8 53.0 2.00 02-01
Yangtze River delta 1242.5 -74.7 -5.67 02-01
South Ports 2233.4 -216.0 -8.82 02-01
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