Coal export income decreased by 44%

Jun 12 • Featured, Mining, News • 2600 Views • No Comments on Coal export income decreased by 44%

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National Statistic Committee reported that in the first 5 months of 2013 the coal export is decreased by 12.9% by volume and 43.4% by sales income. The net export of the first 5 months totaled 6.331 million tones. Last year, the first 5 months’ sales income from coal was $793.1 million comparing to this year’s $448.6 million.
The export volume of coking coal has decreased by 30% in May only, whereas the price decreased by 48.5%. The price is direct impact on the sales income. Mongolia is planning to export 30 million coking coal this year, and as end of May 21% of the plan has been realized.
However, iron ore sales income has increased by 56%. 2.3 million tones of iron ore has been exported as end of May this year earning $262.5 million which is a 56% increase from last year’s $168.2 million.
Coking Coal Export Charts 2012 and 2013

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