Mongolian weekly coal exports jump 180% on yr www.sxcoal.com
Mongolian coal exports grew drastically by 180% from the year prior to 666,300 tonnes over the week of July 22-28, Mongolian media reported.
The volume mainly included 5,532 containers transported via road and 300 containers through railway.
The country has seen a 5.7% year-on-year rise in coal exports to 10.78 million tonnes since this year, thanks to the increased demand for the material amid the tightening global supply, especially in its largest buyer China.
Mongolia also logged a sharp rise of 63% in iron ore exports to 215,300 tonnes during the week, and the year-to-date accumulative exports fell 52% on the year to 2.24 million tonnes.
(Writing by Tammy Yang Editing by Harry Huo)