Mongolia's coal exports projected to hit 75 mln tons this year

Time:2024-08-29 10:51:45      Source:Xinhuanet.com

Mongolia's coal exports are expected to reach 75 million tons by the end of this year, local media reported on Wednesday, citing the country's Ministry of Finance.

"When the 2024 budget was approved, coal export forecasts were set at 60 million tons. However, with over 53 million tons already exported to date, the revised estimate anticipates reaching around 75 million tons by the end of this year," the ministry said in a statement.

Coal is a main export commodity of Mongolia, which is abundant in natural resources. In 2023, the landlocked Asian country achieved a historic high by exporting 66.7 million tons of coal.

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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