Mongolia's coal exports fall to 24 Mt in Jan-Oct

sxcoal.com Import & Export,  International 2020-11-20 08:38:04

Mongolia exported 23.86 million tonnes of coal in January-October period, falling 26.19% year on year, with total value of $1.77 billion, slumping 35.46% year on year, showed latest data from Mongolian Customs General Administration (MCGA) on November 19.


The administration didn't release the October figure. Sxcoal.com calculated the country's coal exports in the month at 4.04 million tonnes, falling 13% from 4.65 million tonnes in September.


The country's coal exports to China totaled 22.73 million tonnes from January to October, down 28.46% year on year, and the shipments in October were 3.7 million tonnes, contracting 17.44% from September, accounting for 91.43% of the total.


Exports of bituminous coal tumbled 29.25% YoY to 22.76 million tonnes in first ten months, and anthracite exports dived 75.25% YoY to 21,700 tonnes.


In October, Mongolia exported 3.97 Mt of bituminous coal and 75,200 tonnes of other coal, falling 9.89% and 69.15% month on month respectively.


Mongolia's minerals exports were heavily hit in the first half this year due to COVID-19 epidemic. As the virus was gradually contained in China, its exports to China started to climb month by month.


New infection cases, however, were recently reported in Mongolia, leading to the closing of Mongolia-Russia border crossings. This hasn't impactd China-Mongolia border trades and major border crossing are currently in normal operation.


Over 900 trucks per day passed through Ganqimaodu border crossing in August to October, and the figure decreased by 170 to 731 trucks in November 2-14, a low level since the launch of "green channel" between the two countries.



(Writing by Rebecca Liu  Editing by Tammy Yang)
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