1 NICKEL, COPPER PRICES NEAR NEW HIGHS AS CHINA POWERS ON WWW.MINING.COM PUBLISHED:2020/10/20      2 RUSSIA INVITES BRICS PARTNERS TO JOIN COUNTRY’S MASSIVE ARCTIC OIL & GAS PROJECTS WWW.RT.COM PUBLISHED:2020/10/20      3 MINING IN MONGOLIA: OVERVIEW BY CHRISTOPHER MELVILLE AND ERDENEDALAI ODKHUU, MELVILLE ERDENEDALAI LLP WWW.UK.PRACTICALLAW.THOMSONREUTERS.COM  PUBLISHED:2020/10/20      4 THE HYGIENE HYPOTHESIS: IMMUNITY IN MONGOLIAN CHILDREN WWW.MONGOLIANECONOMY.MN PUBLISHED:2020/10/20      5 ‘CASHMERE, WOOL AND LEATHER PRODUCTS-2020’ EXPO WWW.NEWS.MN PUBLISHED:2020/10/20      6 CHINA'S ECONOMY CONTINUES TO BOUNCE BACK FROM VIRUS SLUMP WWW. PUBLISHED:2020/10/20      7 UN ASKED TO COOPERATE FOR CAPACITY BUILDING OF CIVIL SERVICE OF MONGOLIA WWW.MONTSAME.MN PUBLISHED:2020/10/20      8 ALUMNA BECOMES FIRST CHAIRWOMAN OF MONGOLIA'S INFORMATION AND COMMUNICATIONS AUTHORITY WWW.BSG.OX.AC.UK PUBLISHED:2020/10/20      9 FOUR MORE PATIENTS TEST POSITIVE FOR COVID-19 IN MONGOLIA WWW.MENAFN.COM PUBLISHED:2020/10/19      10 CHINA WILL BE THE ONLY MAJOR ECONOMY TO SEE GROWTH THIS YEAR AS WORLD BRACES FOR LONG RECOVERY FROM COVID-19 CRISIS – IMF WWW.RT.COM PUBLISHED:2020/10/19      I-IX САРД СУУДЛЫН АВТОМАШИНЫ ИМПОРТ ЖИЛИЙН ДҮНГЭЭР 26,3 ХУВИАР БУУРЧЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2020/10/20     АЯЛАЛ ЖУУЛЧЛАЛЫН КОМПАНИУДЫН 90 ХУВЬ НЬ ХҮНД БАЙДАЛД БАЙНА WWW.GOGO.MN НИЙТЭЛСЭН:2020/10/20     “MONGOLIAN MINING CORPORATION”-ИЙН УГААСАН КОКСЖИХ НҮҮРСНИЙ БОРЛУУЛАЛТ III УЛИРАЛД 65 ХУВИАР ӨСӨЖ , 1.2 ТОНН БОЛЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2020/10/20     2021 ОНЫ ТӨСВИЙН ТӨСӨЛД УЛСЫН ТӨСВӨӨС НИЙГМИЙН ДААТГАЛЫН САНД 499.9 ТЭРБУМ ТӨГРӨГИЙН ТАТААС ОЛГОХООР ТООЦООЛЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2020/10/20     МОНГОЛЫН КОКСЖИХ НҮҮРСНИЙ ҮНЭ НЭМЭГДЭХ ТӨЛӨВТЭЙ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2020/10/20     АЯЛАЛ ЖУУЛЧЛАЛЫНХАН НЭГДСЭН БРЭНД БҮТЭЭГДЭХҮҮН, ҮЙЛЧИЛГЭЭ ГАРГАНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2020/10/20     "ХАНГАРДИ" ОРДНЫГ ХУВЬЧЛАХ ДУУДЛАГА ХУДАЛДАА ЗАРЛАЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2020/10/20     "СААРАЛ ЖАГСААЛТ"-ААС ГАРАХ ҮНЭЛГЭЭ АМЖИЛТТАЙ БОЛСНЫГ ОНЦЛОВ WWW.EAGLE.MN НИЙТЭЛСЭН:2020/10/20     МОНГОЛБАНК ИПОТЕКИЙН ЗЭЭЛИЙН ЖУРМЫГ ИНГЭЖ ӨӨРЧЛӨВ WWW.NEWS.MN НИЙТЭЛСЭН:2020/10/19     ФАТФ МОНГОЛ УЛСАД 2023 ОНД ДАРААГИЙН ҮНЭЛГЭЭГЭЭ ӨГНӨ WWW.NEWS.MN НИЙТЭЛСЭН:2020/10/19    

Gross industrial output drops by 18.4 percent from previous year www.montsame.mn

Ulaanbaatar/MONTSAME/. According to the preliminary results, the gross industrial output reached MNT 9.6 trillion in the first eight months of 2020, decreased by MNT 2.2 trillion (18.4%) from the same period of the previous year. This decrease was mainly due to MNT 2.2 trillion (25.5%) decrease in mining and quarrying gross output. However, the electricity, thermal energy, and water supply production output increased by MNT 63.6 billion (9.0%) compared to the same period of the previous year.
By preliminary results, the mining and quarrying gross output reached MNT 6.4 trillion in the first eight months of 2020, decreased by MNT 2.2 trillion (25.5%) from the same period of the previous year. This decrease was mainly due to the decline in the mining of coal and lignite by MNT 2.1 trillion (57.8%), and extraction of crude petroleum by MNT 473.6 billion (69.9%) compared to the same period of the previous year.
In August 2020, the gross industrial output reached MNT 1.4 trillion, decreased by MNT 19.0 billion (1.4%) from the previous month. This decrease was mainly due to MNT 31.5 billion (3.2%) decrease in mining and quarrying output.
By the preliminary results of the first eight months of 2020, in the mining and quarrying sector, extraction of iron ore, fluorspar, and gold increased by 3.9-33.2 percent compared to the same period of the previous year. In the manufacturing sector, the production of alcoholic beverages, alcohol, pure water, soft drink, juice, cement, wheat flour, and milk increased by 0.8-13.8 percent compared to the same period of the previous year. Also, the production of coal briquette, mask, sanitizer, other types of drugs, and disinfectants for treatment and prevention increased by 1.5 to 22.9 times more compared to the same period of the previous year.
However, in the mining and quarrying sector, extractions of brown coal, copper concentrate, hard coal and crude oil decreased by 4.6-58.4 percent. In the manufacturing sector, productions of lime, cashmere products, copper cathode 99%, meat, metal steed, concentrated coal, combed cashmere and cigarettes decreased by 4.2-50.3 percent compared to the same period of the previous year.
By the preliminary results of the first 8 months of 2020, the sales of industrial output reached MNT 10.8 trillion, decreased by MNT 3.0 trillion (21.7%) compared to the same period of the previous year. This decrease was mainly resulted from MNT 2.8 trillion (29.2%) decrease in sales of mining and quarrying and MNT 219.1 billion (6.5%) decrease in sales of manufacturing, respectively.
The sales of mining and quarrying output decreased by MNT 2.8 trillion (29.2%) compared to the same period of the previous year. This decrease was mainly resulted MNT 2.1 trillion (60.6%) decrease in sales of coal mining and MNT 450.4 billion (70.6%) decrease in sales of crude petroleum extraction, respectively.
In the total sales of industrial output, MNT 5.9 trillion (54.4%) was export, of which MNT 4.9 trillion (82.9%) was export of mining and quarrying output.
In the total of MNT 4.9 trillion export of mining and quarrying output, 69.1 percent was metal ores, 24.6 percent was of coal and lignite, 3.8 percent was crude petroleum, 2.4 percent was other mining and quarrying output.
In August 2020, the seasonally adjusted industrial production index was 102.5 (2015=100), decreased by 14.0 percent from the same period of the previous year, by 5.7 percent from the end of the previous year, and by 3.5 percent from the last month.
Source: National Statistics Office


Published Date:2020-09-17