Mongolian coal exports have increased 9% on the month to 2.84 MnT in Nov’17, according to the customs data. The country had exported 2.61 MnT in the previous month.
On the yearly basis, Coal exports were down 18% compared with 3.46 MnT in Nov’16.
Mongolian coal exports have been increasing this year on the back of lower domestic coal production in China, and the ban imposed by Chinese government on North Korean coal imports.
Moreover, restriction of coal imports at small ports by the Chinese government has also benefitted Mongolian exports, as the Mongolian coal is majorly supplied across the border to China via roadways.
Total coal exported from Mongolia has increased 40% Y-o-Y to 30.97 MnT during Jan’17-Nov’17, compared with 22.12 MnT coal exported during the same period in CY16. As a result of enhanced demand from China, Mongolia has already crossed its previous years’ export total of 25.71 MnT recorded during CY16 (Jan’16-Dec’16).
Out of the total coal quantity in CY17, Bituminous coal exports had the major share of 29.3 MnT.
Major Coal Importers:
Coal Imports from China rose 6% M-o-M to 2.73 MnT in Nov’17, but were 20% lower on the year compared with 3.43 MnT in Nov’16.
Singapore and Hong Kong both had received 0.04 MnT coal from Mongolia during the month. While, UK, the second-largest coal importer in CY17, had acquired 0.03 MnT coal in Nov’17.
| Country | Nov’17 | Oct’17 | M-o-M | Jan’17-Nov’17 | Jan’16-Nov’16 | % Change |
| China | 2.73 | 2.58 | 6% | 30.42 | 21.78 | 40% |
| UK | 0.03 | 0.01 | 200% | 0.45 | 0.27 | 67% |
| Singapore | 0.04 | 0.02 | 100% | 0.06 | – | – |
| Hong Kong | 0.04 | – | 0.04 | 0.08 | -50% | |
| Grand Total | 2.84 | 2.61 | 9% | 30.97 | 22.12 | 40% |
Source: Mongolian Customs
Quantity in MnT
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