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Mongolia Jan-Oct iron ore exports up 28.46% YoY www.sxcoal.com
Mongolia exports 6.09 million tonnes of iron ore over January-October, surging 28.46% from the previous year, showed the latest data from the Mongolian Customs General Administration (MCGA).
The export earnings increased by 36.30% on the year to $494 million during the same period, data showed.
China remained the unique destination of Mongolia iron ore exports in the first ten months of 2024.
MCGA didn't release the specific figure for October. Sxcoal calculated the exports at 632,200 tonnes based on the data published by the customs authority, up 25.62% year on year and 3.05% on the month, marking a two-month consecutive growth.
The value of iron ore exports amounted to $47.77 million, with the average price at $75.56/t, down $2.20/t from the year-ago level and $2.45/t from a month ago, calculations showed.
Published Date:2024-11-13
