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Mongolia aims to raise annual coal exports to 40 million tons www.news.mn
In the first four months of 2019, Mongolia’s coal exports increased by 11.7 percent year-on-year. According to the Mongolian Customs General Administration (MCGA), nearly 11.4 million tons of coal were exported to China during the period, which was worth USD 961 million, 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.
Coal is one of the main export commodities in Mongolia. Last year, the country exported a total of 36.5 million tons of coal, reaching an all-time high. The government sets goals of increasing coal exports to 40 million tons in the coming years.
Published Date:2019-05-13
