Mongolia 2020 coal exports fall 21.61% on yr

sxcoal.com Import & Export,  International 2021-01-15 08:39:39

Mongolia exported 28.59 million tonnes of coal in 2020, falling 21.61% year on year, showed latest data from Mongolian Customs General Administration (MCGA) on January 14.


Value of the exports totaled $2.12 billion, slumping 30.92% year on year, the data showed.



As the administration didn't release December 2019 data, sxcoal.com calculated the country's coal exports in December at 1.59 million tonnes, down 5.58% year on year and tumbling 49.28% month on month, hitting a new low since May 2020.


Mongolia's coal exports to China totaled 27.21 million tonnes in the year, down 23.99% year on year. Shipments in December were calculated at 1.54 million tonnes, down 4.78% year on year and 47.63% month on month, accounting for 97% of the country's exports.


In 2020, Mongolia's bituminous coal exports were 27.38 million tonnes, down 24.46% year on year; anthracite exports tumbled 75.89% to 21,700 tonnes. In December, its bituminous coal exports were calculated at 1.57 million tonnes, down 5.6% year on year and plunging 48.35% month on month; departures of other coals totaled 14,900 tonnes, up 1.33% year on year but diving 82.57% month on month. Mongolia didn't export anthracite in December.


Since the coronavirus epidemic reappeared, Mongolian coal exports to China have been significantly curbed due to the anti-virus measures imposed at the border. In November, only 595 coal trucks passed Ganqimaodu border crossing averagely each day, much lower than 903 trucks in October. In the last week of December, the figure even tumbled to 286.

 

Although daily passing trucks rose slightly in early-January, 2021, coal supply was still in shortages and exports to China remained at a low level. On January 5, 201 coal trucks passed Ganqimaodu border crossing, down 18 trucks week on week, but up 72 trucks day on day. The number of trucks passing Ceke border crossing was at 309, up 101 trucks day on day.




(Writing by Rebecca Liu  Editing by Alex Guo)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

Share this article
Connect with us

Editor's Pick

1 High shipping costs hampers demand for Indonesian thermal coal 2021-02-24

Indonesian thermal coal market witnessed a thinly traded session on February 24, as demand was curbed by a surge in freight rates for Supramax and Panamax vessels, according to traders. A

2 Tangshan asks steelmakers to cut production amid air pollution 2021-02-24

Tangshan, China's top steelmaking hub in Hebei province, issued an orange-coded alert forcing local steel mills to cut production in response to expected heavy air pollution, according to a government

3 Trading activity still thin in China's spot thermal coal market 2021-02-24

Trading activities remained weak in the Chinese domestic thermal coal market as most coastal utilities were not ready to start restocking, though inquiries were rising from end buyers. Of

4 China's coking coal sentiment weakens amid coke price fallback 2021-02-23

Chinese coking coal miners were increasingly bearish over the near-term price trend, as coke prices started to decline this week and demand for feed coal dropped at both coking plants and steel mills.

5 There's still a big room for coal power tariff reform in China 2021-02-23

A new coal power pricing mechanism took effective in China from January 1, 2020 in place of the previous benchmark coal tariff, which has been used since 2004. However, after being implem

6 China Three Gorges to buy 400MW renewable assets in Spain 2021-02-23

China Three Gorges Corp. has reached an agreement to buy operational wind and solar farms in Spain with a combined capacity over 400 MW. The renewable portfolio includes 11 winds farms an

7 Thermal coal stocks growing rapidly at N China's major ports 2021-02-23

Thermal coal stockpiles are increasing dramatically at northern transshipment ports of China, as downstream buyers are not ready to boost restocking given current low consumption and high stocks at ut

8 Weekly China thermal coal market analysis and forecast 2021-02-22

China's domestic thermal coal market remained on the downside in the first week after the Lunar New Year holiday, as demand was weak and may not improve notably until March. Trading activities remaine

9 Indonesian thermal coal prices stabilize as buying interest curbed 2021-02-22

Indonesian spot thermal coal prices kept largely stable at the beginning of this week compared with late last week, as a spike in global vessel shipping rates hampered buyers' appetite, which is just

10 China explores new way to facilitate coal imports from South Africa 2021-02-22

On February 18, the vessel "Genco Titus" carrying South African coal was discharged at Fangcheng port in southwestern China's Guangxi province. Upon the clearance, the imported coal would be delivered

Most Read Articles

1 China calls local governments to strengthen coal consumption reduction 2021-02-19

China's central government unveiled the result of coal consumption reduction work in 2019, putting pressures on local governments to further cut or replace use of the dirty fossil fuel in a bid to rea

2 Indonesian thermal coal gets support from India buyers 2021-02-19

Indonesian thermal coal prices got some support from growing buying interest in India, while Chinese buyers are trying to press down prices as industrial demand hasn't yet fully recovered from the Lun

3 posts 2021-02-22

In the week ended Feb 19, Newcastle thermal coal price stood at $85.79/t, down 2.95% WoW; S African Richards Bay thermal coal price at $89.88/t, down 0.43% WoW; price at European ARA ports (Amsterda

4 posts 2021-02-22

Shanxi Jincheng Steel proposed February 20 to cut buy price of Quansi Grade I wet-quenching coke (moisture≤8%, ash≤13%, S≤0.7%) by 100 yuan/t to 2,550 yuan/t on weak profit.

5 Chinese thermal coal market continues losing ground after holiday 2021-02-19

China's domestic thermal coal market remained inactive on the first working day after the week-long Lunar New Year holiday with few trades heard concluded at northern ports and offers/bids still falli

6 Mongolian coking coal prices keep dipping as supply increases 2021-02-19

Mongolian coking coal prices continued decreasing at Ganqimaodu border crossing in China, partly due to a quick increase in supply as a result of strict checks on coal storage that has led some owners

7 China explores new way to facilitate coal imports from South Africa 2021-02-22

On February 18, the vessel "Genco Titus" carrying South African coal was discharged at Fangcheng port in southwestern China's Guangxi province. Upon the clearance, the imported coal would be delivered

8 Chinese domestic coal vessel shipping rates pick up on tight capacity 2021-02-22

Driven by a sharp rise in global bulk shipping market on the back of a spike in grain loading out of east coast South America, many ship owners with operations at both domestic and international marke

9 China S Power Grid's power load and use hit record highs during Spring Festival 2021-02-19

Electricity load and consumption of China Southern Power Grid both reached record highs during this Spring Festival holiday (February 11-17), the company reported. The maximum power load

10 Indonesian thermal coal prices stabilize as buying interest curbed 2021-02-22

Indonesian spot thermal coal prices kept largely stable at the beginning of this week compared with late last week, as a spike in global vessel shipping rates hampered buyers' appetite, which is just