The Coal Trader

Coal News Coal Markets, Mongolia Exports

Mongolia’s coal exports continue rampant pace in January 2024

The latest data from the General Administration of Customs of Mongolia shows that in January 2024, Mongolia’s coal export volume was 6.5956 million tons, a year-on-year increase of 3.0621 million tons, an increase of 86.66%; a month-on-month decrease of 415,400 tons, a decrease of 5.92%, and a decrease for the second consecutive month.  

In January, Mongolia’s coal exports were US$803 million, a year-on-year increase of 42.06% and a month-on-month decrease of 3.53%. Based on this, the average export price is calculated to be US$121.76/ton, a year-on-year decrease of US$38.23/ton, and a month-on-month increase of US$3.02/ton.    

Data show that in January 2024, all Mongolian coal was exported to China , with an export volume of 6.5956 million tons, a year-on-year increase of 90.34% and a month-on-month decrease of 5.86%. The export volume was US$803 million, and the average export price was US$121.76/ton, a year-on-year decrease of US$37.87/ton, and a month-on-month increase of US$3.07/ton.    

In terms of coal types , in January 2024, Mongolia’s bituminous coal export volume was 6.3658 million tons, a year-on-year increase of 82.76%, a month-on-month decrease of 7.63%; anthracite coal export volume was 4,800 tons, a year-on-year increase of 182.43%, a month-on-month increase of 31.43%; others Coal export volume was 225,000 tons, a year-on-year increase of 362.42% and a month-on-month increase of 94.85%.