1 JOINT PROJECTS WITH ASIAN DEVELOPMENT BANK TO BE IMPLEMENTED WWW.MONTSAME.MN PUBLISHED:2018/10/17      2 MONGOLIA TO SPEED UP IMPLEMENTATION OF CHINA-FUNDED PROJECTS WWW.MONTSAME.MN PUBLISHED:2018/10/17      3 US MOVES TO NEGOTIATE TRADE DEALS WITH JAPAN, UK, EU WWW.BBC.COM PUBLISHED:2018/10/17      4 CONSTRUCTION OF MONGOLIA’S NEW OIL REFINERY IS 40 PERCENT COMPLETED WWW.NEWS.MN PUBLISHED:2018/10/17      5 MONGOLIA TO EXPORT LIVE SHEEP, GOATS NEXT YEAR WWW.XINHUANET.COM PUBLISHED:2018/10/17      6 REGIONAL LOGISTICS CENTER PUTS INTO OPERATION WWW.MONTSAME.MN PUBLISHED:2018/10/17      7 PAUL AKIWUMI: MONGOLIA HAS POTENTIAL TO BE THE MOST HIGHLY DEVELOPED COUNTRY AMONG LANDLOCKED COUNTRIES WWW.MONTSAME.MN PUBLISHED:2018/10/17      8 MET: WE CHOSE AN OPTION THAT LESS AFFECTS CITIZENS’ HEALTH WWW.ZGM.MN PUBLISHED:2018/10/17      9 RIO TINTO SAYS Q3 PRODUCTION FALLS ON PLANNED MAINTENANCE AND SAFETY PAUSES WWW.MINING.COM PUBLISHED:2018/10/16      10 AUSTRALIAN FIRM ACQUIRES CENTERRA GOLD ASSETS IN MONGOLIA WWW.ZGM.MN PUBLISHED:2018/10/16      GOOGLE ЕВРОПЫН ГАР УТАС ҮЙЛДВЭРЛЭГЧДЭЭС ПРОГРАМЫН ТӨЛБӨР АВАХААР БОЛЖЭЭ WWW.IKON.MN  НИЙТЭЛСЭН:2018/10/17     УГЖ Г.АРИУНБААТАР АСЕМ-ЫН ЗОЧДОД ТОГЛОЛТОО ТОЛИЛУУЛНА WWW.EAGLE.MN НИЙТЭЛСЭН:2018/10/17     СОЛОНГОС УЛСАД ХАРЛАСАН ИРГЭДИЙН ЗОРЧИХ ЭРХИЙГ 10 ЖИЛЭЭР ХАСНА WWW.DNN.MN НИЙТЭЛСЭН:2018/10/17     WEF: МОНГОЛ УЛС ӨРСӨЛДӨХ ЧАДВАРААРАА 140 УЛСААС 99 ДҮГЭЭРТ БИЧИГДЭВ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2018/10/17     МОНГОЛ УЛСЫН ХӨГЖЛИЙН БАНКНЫ БОНДЫН ХЭМЖЭЭ 500 САЯ АМ.ДОЛЛАР, ХУГАЦАА НЬ 5 ЖИЛ БАЙХААР ТОГТЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2018/10/17     2019 ОНООС БАНКУУД ХЭРЭГЛЭЭНИЙ ЗЭЭЛИЙГ ХАМГИЙН ИХДЭЭ 30 САРЫН ХУГАЦААТАЙ ОЛГОНО WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/10/17     ШУУДАНГИЙН САЛБАРТ ИНТЕРНЭТ БОЛОН ЦАХИМ СҮЛЖЭЭНД СУУРИЛСАН ШИНЭ ҮЙЛЧИЛГЭЭГ ХЭРХЭН ЗОХИЦУУЛАХЫГ ХУУЛЧИЛЖ ӨГЧЭЭ WWW.UNUUDUR.MN НИЙТЭЛСЭН:2018/10/17     ЧЕХИЙН АВТОМАШИНЫ ҮЙЛДВЭР МОНГОЛООС АЖИЛЛАХ ХҮЧ АВАХАА ИЛЭРХИЙЛЭВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/10/17     ДАРХАН, СЭЛЭНГЭ, ТӨВ, ХӨВСГӨЛИЙН АЛТ ТУШААГЧИД НИЙСЛЭЛИЙГ ЗОРИХ ШААРДЛАГАГҮЙ WWW.GOGO.MN НИЙТЭЛСЭН:2018/10/16     МӨНГӨНИЙ НИЙЛҮҮЛЭЛТИЙН ӨСӨЛТӨД ТӨГРӨГ, ВАЛЮТЫН ХАРИЛЦАХ, ТӨГРӨГИЙН ХАДГАЛАМЖ ГОЛЛОН НӨЛӨӨЛЖЭЭ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2018/10/16    

Experts eye robust growth for coal as price surges www.zgm.mn

Mongolia’s main export border checkpoint Tavantolgoi-Gashuunsukhait route auto road opened yesterday. Although transportation delay caused by road closure affected coal export volume; revenue resulted higher than the previous year’s mean time according to statistics. The Gashuunsukhait route auto road was in high risk of flood, creating crocodile cracking on the road due to heavy rain in July. Thus, coal transport was halted on August 2. Authorities informed that immediate actions have been taken to repair the road, successfully preventing further delays to coal transports. Regardless of delay created by the road fix, coal exporters minimized loss by transporting coal reserved at Tsagaan khad port. As of the first seven months of this year, Mongolia exported 20.5 million tons of raw coal worth USD 1.6 billion, which is USD 206.6 million higher than the same period of last year; however, the volume fell by 304,700 tons. In addition, commodity market is showing a sign of weakening.

Mongolia’s main export items, namely coal and iron ore, have maintained their growth, but copper and gold have plummeted due to the trade war between the U.S and People’s Republic of China. For instance, copper price sank USD 1000-1500 per metric ton and Gold fell by USD 100-150 per ounce since June. On the other hand, coal price grew by around 10 percent yearover-year (yoy), to USD 78.4 per ton and iron ore by nine percent. Several Chinese provinces have prepared a plan to reduce the capacity of steel and coal production, boosting the prices of iron ore and coal according to experts. In the first seven months of 2018, Mongolia exported 3.9 tons of iron ore, 20 percent growth yoy, worth USD 181 million. The fates of Mongolia’s coking coal and iron ore depend on Chinese steel market, which is directly connected to its construction and infrastructure. Chinese construction demand is visible from its new housing prices. According to Chinese statistics, housing price surged in 70 cities across the country, showing an average growth of five percent yoy.



Published Date:2018-08-10