Mongolia exported 1.93 million tonnes of coal in May. This is an increase of 46.1 percent compared to the same period of the previous year and +52.3 percent from April. Coal exports have been growing steadily since the beginning of the year, reaching the highest since April 2021.
Eased restrictions at key border crossings with China have boosted exports. During the pandemic, border crossings were disrupted and coal companies’ exports plummeted. Through the main export point Gashuunsukhait-Gantsmod, 372 coal trucks entered China per day in May. In the first 10 days of June, an average of 407 coal trucks crossed the border according to SXCoal. Before the pandemic, more than 1,000 coal trucks passed through the port daily.
COAL EXPORT
Month | million tonnes
In addition, the second major coal export gateway, Shiveekhuren-Sekhe, reopened on May 25 after being temporarily closed during the pandemic. Currently, an average of 30-60 coal trucks are crossing the border daily.
The average selling price for coal last month was $332 per tonne. In addition, Mongolia’s export coals were divided into a total of 11 categories: 6 categories of raw coal and 5 categories of processed coal. However, in line with the new standards and regulations, Mongolia’s coals are now divided into 29 categories according to the Deputy Minister of Mining and Heavy Industry O.Batnairamdal.