The Coal Hub
No Result
View All Result
  • Login
  • Premium Content
    • All
    • Climate & Technology
    • Coal Fired Generation
    • Coal Market Outlook
    • Coal Regions
    • Coal Trade
    • Economic Impact
    • Met / Coking Coal
    • Others
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Newsletter
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
  • Subscribe
  • My account
  • Login
SUBSCRIBE
  • Premium Content
    • All
    • Climate & Technology
    • Coal Fired Generation
    • Coal Market Outlook
    • Coal Regions
    • Coal Trade
    • Economic Impact
    • Met / Coking Coal
    • Others
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Newsletter
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
  • Subscribe
  • My account
  • Login
The Coal Hub
No Result
View All Result
Home Coal Demand

Mongolia 2020 coal exports shrink by 22% to 29 million t

Editor by Editor
2 years ago
min read2 min
Mongolian Coal Exports
Share on FacebookShare on TwitterShare on Linkedin

Mongolia’s total coal exports during 2020 plunged by 22% to 28.6 million tonnes, well below the target set by Ulan Bator at the start of the year to lift exports to beyond 40 million tonnes last year. The outbreak of the COVID-19 pandemic was the chief reason for the plunge in Mongolian coal deliveries, Mysteel Global noted.

RELATED POSTS

Pacific coal prices retain record premium over Europe

Pacific coal prices retain record premium over Europe

8 hours ago
Global coal consumption: not dead (yet)?

Global coal consumption: not dead (yet)?

1 day ago
Coal-production-in-Kuzbass

Coal production in Kuzbass down 8% in 2022

6 days ago

Last December alone, Mongolia exported 1.6 million tonnes of coal, lower by 49.3% on month or 5.6% on year to an eight-month low, according to the country’s Customs data. Traders and end-users in China, bordering southern Mongolia, bought over 95% of the coal Mongolia shipped last year, the data showed.

The pandemic caused a marked slowdown in Mongolian coal exports over February-April last year, during which the Ulan Bator government announced it was suspending coal deliveries from mid-February to late March to contain the spread of the virus. Although trucks laden with Mongolian coal were permitted to cross some checkpoints on the Mongolia-China border from last March 23, the number was strictly controlled to only several hundred trucks/day in some key coal trading border ports. This was in sharp contrast to the over 1,000 trucks/day in normal times, as reported.

To boost economic recovery as the pandemic eased, Mongolian and Chinese authorities reached agreements to accelerate coal trading from August by extending Customs clearance hours and implementing fast-track systems for goods delivery. Although Mongolia’s coal exports hit a high last September, the result could not cushion the sharp decline in last year’s H1.

The smooth coal trading between Mongolia and China was disrupted again from late November when a new wave of the pandemic hit both countries. As Chinese and Mongolian government authorities adopted immediate COVID-19 tests on truck drivers, coal transportation was disrupted again.

Chart: Mongolia’s coal exports by month and Mongolian coking coal prices

Source: Mongolia’s Customs, Mysteel

Last year, the price trend of Mongolian coking coal price in China moved in almost the opposite direction to coal exports, according to Mysteel’s data. Through 2020, Mysteel’s price assessment for Mongolian processed coking coal with 10% ash, 27% volatile matter and 0.65% sulphur increased Yuan 180/tonne ($27.9/t) on year to Yuan 1,280/t at the border checkpoint and including the 13% VAT.

As China has unofficially restricted Australian coking coal imports, traders and end-users in North and Northwest China – the main markets for Mongolian coking coal – have been in a hurry to procure Mongolian coal to replace Australian coal, Mysteel Global noted.

But even if Mongolian coal deliveries are smooth and impacted little by the pandemic situation, for Mongolian exports to fully offset the decline in Australian coking coal shipments to China remains hard to imagine, said a Shanghai-based analyst.

“The quality of Australia’s premium low volatile products is better than Mongolian coal, and by shipping in large quantity to China, the transportation charges are highly competitive too,” he explained.

Written by Sean Xie

Edited by Russ McCulloch

Tags: Australian coking coal importsChina coalMongolia Coal ExportsMongolian coking coal pricesMysteelRuss McCullochSean Xie
Editor

Editor

Related Posts

Pacific coal prices retain record premium over Europe
Coal Prices

Pacific coal prices retain record premium over Europe

8 hours ago
Global coal consumption: not dead (yet)?
Coal Demand

Global coal consumption: not dead (yet)?

1 day ago
Coal-production-in-Kuzbass
Coal Demand

Coal production in Kuzbass down 8% in 2022

6 days ago
World-coal-market
Coal Demand

World coal market: brief overview

6 days ago
Australia cracks down on coal miners with price cap
Coal Prices

Australia cracks down on coal miners with price cap

6 days ago
Russian-coal-imports
Coal Demand

China sharply increased Russian coal imports in 2022

2 weeks ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

World-coal-market

World coal market: brief overview

January 27, 2023
Chinese coal production up 9% in 2022

Chinese coal production up 9% in 2022

January 20, 2023
EU-coal

EU coal’s steep discount to Pacific suggests muted demand

January 13, 2023

Recent Post

Pacific coal prices retain record premium over Europe

Pacific coal prices retain record premium over Europe

February 2, 2023
Global coal consumption: not dead (yet)?

Global coal consumption: not dead (yet)?

February 1, 2023
Coal-production-in-Kuzbass

Coal production in Kuzbass down 8% in 2022

February 1, 2023
World-coal-market

World coal market: brief overview

January 27, 2023
Australia cracks down on coal miners with price cap

Australia cracks down on coal miners with price cap

January 27, 2023
Russian-coal-imports

China sharply increased Russian coal imports in 2022

January 20, 2023

The Coal Hub is an online platform for sharing analysis and information about the global coal market  more info

Categories

  • Coal Market Outlook
  • Coal Trade
  • Met / Coking Coal
  • Coal Fired Generation
  • Coal Regions
  • Climate & Technology
  • Economic Impact

Recent Posts

Pacific coal prices retain record premium over Europe

Global coal consumption: not dead (yet)?

Coal production in Kuzbass down 8% in 2022

Energise your Friday!

Sign up to receive our weekly newsletter (each Friday) with new coal market reports, presentations & analysis.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 TheCoalHub | All Rights Reserved

No Result
View All Result
  • Premium Content
    • All
    • Climate & Technology
    • Coal Fired Generation
    • Coal Market Outlook
    • Coal Regions
    • Coal Trade
    • Economic Impact
    • Met / Coking Coal
    • Others
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Newsletter
  • Videos
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
  • Subscribe
  • My account
  • Login

© 2020 TheCoalHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Energise your Friday!

Interested in coal markets? Do you want our free email each FRIDAY with at least 3 new COAL reports & presentations?

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?