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15th of October 2018

Mongolia



Mongolia’s coal export volume falls in July

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The American Chamber of Commerce in Mongolia

2018-09-06 12:57 GMT+8

According to Fenwei Energy Information Services Co., China’s coking coal import has fallen by 11.5 percent in July, compared to the same period in 2017.

Analysts from Fenwei Energy reported that the volume of Mongolia’s coking coal export to China fell by nine percent during the same period, as well. Mongolia supplied approximately 38 percent of China’s coking coal import in 2017, an increase of 14 percent compared to 2014. As reported by Fenwei Energy, Mongolia is China's second largest coking coal supplier, just behind Australia. The company forecasted that China’s coking coal demand will remain stable in the near future.

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