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Mongolia Jan-Mar coal exports log large drop www.sxcoal.com
Mongolia exported 2.52 million tonnes of coal during the first three months of 2022, down 62.18% year on year, showed the latest data from the Mongolian Customs General Administration (MCGA).
The exports were worth $676 million in January-March, down 1.9% year on year.
MCGA didn't release the specific figure for March, yet Sxcoal calculated the exports at 1.23 million tonnes based on the overall exports published by the customs authority, down 42.83% year on year but up 81.99% month on month, registering the third consecutive month of rise.
The exports were worth $349 million in March, with average price at $284.76/t, rising $172.10/t year on year and $13.49/t month on month.
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Mongolia exported 2.34 million tonnes of coal to China from January to March, dropping 62.51% year on year, taking up 93% of the total.
In March, exports to China declined 44.50% year on year but rose 80.18% month on month to 1.13 million tonnes, taking up 92% of the total. The exports were worth $323 million, with average price at $285.14/t, up $174.64/t year on year and $12.03/t month on month.
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Mongolia's exports of bituminous coal declined 62.00% year on year to 2.49 million tonnes over January-March; that of anthracite were 35,900 tonnes, compared with zero a year ago; and other coal exports fell to zero, compared with 126,900 tonnes a year earlier.
coal,coal price,coke,China coal,coking coal,thermal coal
In March, Mongolia's bituminous coal exports stood at 1.21 million tonnes, down 42.27% year on year but up 81.94% month on month; exports of anthracite stood at 19,300 tonnes, rising 85.32% year on year; other coal exports were null in March, compared with 54,300 tonnes a year ago.
(Writing by Lilya Li Editing by Tammy Yang)
Published Date:2022-04-13
