1 QATAR PLEDGES $15BN OF DIRECT INVESTMENTS IN TURKEY – ANKARA WWW.RT.COM PUBLISHED:2018/08/16      2 GENERAL AGENCY FOR DEVELOPMENT OF PERSONS WITH DISABILITIES ESTABLISHED WWW.MONTSAME.MN PUBLISHED:2018/08/16      3 CHINA EVERGRANDE INVESTS IN PROJECT TO BUILD WORLD'S FASTEST SUPERCOMPUTER WWW.REUTERS.COM PUBLISHED:2018/08/16      4 ECONOMY GROWS 6.3 PERCENT ON THE BACK OF CONSUMER SECTOR WWW.ZGM.MN PUBLISHED:2018/08/16      5 SALARY DISCUSSION MAY RETURN AS LABOR MINISTER HINTS OF A DRAFT WWW.ZGM.MN PUBLISHED:2018/08/16      6 RIO TINTO CLOSER TO SELLING $6BN STAKE IN IRON ORE OF CANADA WWW.MINING.COM PUBLISHED:2018/08/16      7 NUMBER OF HIV-INFECTIONS IN MONGOLIA RISES TO 264 WWW.CHINADAILY.COM.CN PUBLISHED:2018/08/15      8 CROSS BORDER SECURITIES SERVICE LAUNCHES WWW.MONTSAME.MN PUBLISHED:2018/08/15      9 MINING AND QUARRYING GROSS OUTPUT INCREASES BY 23.9 PERCENT WWW.MONTSAME.MN PUBLISHED:2018/08/15      10 TAX REVENUE REACHES MNT4.5 TRILLION, WITH 33 PERCENT INCREASE WWW.MONTSAME.MN PUBLISHED:2018/08/15      LHAMOUR ДОЛООН УЛСАД БҮТЭЭГДЭХҮҮНЭЭ ЭКСПОРТОЛНО WWW.ZGM.MN НИЙТЭЛСЭН:2018/08/17     ХӨГЖИЖ БУЙ ЗАХ ЗЭЭЛИЙН ЭКСПОРТ ТАРИФААС Ч ӨМНӨ БУУРЧЭЭ WWW.ZGM.MN НИЙТЭЛСЭН:2018/08/17     “ЭНЕРЖИ РЕСУРС” 146.1, “ЭРДЭНЭС ТАВАНТОЛГОЙ” 60 АМ.ДОЛЛАРААР НҮҮРСЭЭ ЭКСПОРТЛОЖ БАЙНА WWW.MEDEE.MN НИЙТЭЛСЭН:2018/08/17     ОНЫ ЭХНИЙ ХАГАСТ ХЯТАДЫН НҮҮРСНИЙ КОМПАНИУДЫН АШИГ НЭМЭГДЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2018/08/17     НИЙСЛЭЛИЙН ӨВӨЛЖИЛТИЙН БЭЛТГЭЛ АЖИЛ 65.5 ХУВЬТАЙ БАЙНА WWW.EAGLE.MN НИЙТЭЛСЭН:2018/08/17     МАЛ АЖ АХУЙН САЛБАР ДНБ-ИЙ 10 ХУВИЙГ БҮРДҮҮЛЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2018/08/17     "КОНРАД АДЕНАУЭР САН НЬ МОНГОЛ УЛСТАЙ ЯМАР Ч САЛБАРТ ХАМТРАН АЖИЛЛАХ БҮРЭН БОЛОМЖТОЙ" WWW.IKON.MN НИЙТЭЛСЭН:2018/08/16     БАНКУУД ИРГЭДЭД ЗЭЭЛ, ХАДГАЛАМЖИЙН БОДИТ ХҮҮГ ТОДОРХОЙ МЭДЭЭЛЭХ ҮҮРЭГТЭЙ БОЛСОН WWW.ZGM.MN НИЙТЭЛСЭН:2018/08/16     ПОЛЬШ УЛСАД АЖИЛЛАЖ, АМЬДАРЧ БУЙ ИРГЭД ТЭТГЭВЭР, ТЭТГЭМЖ АВАХ БОЛОМЖТОЙ БҮРДЭНЭ WWW.DNN.MN НИЙТЭЛСЭН:2018/08/16     МАХНЫ ЭКСПОРТЫН ХЭМЖЭЭ 2,8 ДАХИН НЭМЭГДЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2018/08/16    

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