Coal export falls at major ports as China’s import slumps www.zgm.mn
With the impact of the new coronavirus outbreak, China’s coal import has declined, triggering Mongolia’s coal exports to drop sharply in the first quarter. Less than 100 trucks have been transporting coal daily through Gashuunsukhait-Gantsmod port since the Lunar New Year holiday in China, according to the port’s administration. Regularly, about 800-1,000 trucks deliver coal through the port; However, a maximum of 111 cars entered last Monday. The port administration also says it is taking longer for coal trucks to deliver coal through the port; However, a maximum of 111 cars entered last Monday. The port administration also says it is taking longer for coal trucks to deliver coal through the port; However, a maximum of 111 cars entered last Monday. The port administration also says it is taking longer for coal trucks to from Tavan Tolgoi residual exports through Gashuunsuhait-Gantsmod port. Last year, 56 percent of Mongolia’s total coal exports passed through the port. In the meantime, the coal export at Shiveekhuren-Sekhee border port has stopped since the cease of some ports due to the 2019-nCov outbreak. The port, which mainly exports the Nariinsukhait coal, transported 34 percent of Mongolia’s coal export last year. Coal exports in January decreased by 32.8 percent, to 658,400 tons year-on-year. Following China’s coal import decline, some of the domestic companies have temporarily stopped operating. Specifically, Mongolyn Alt (MAK) LLC has stopped shipping and dismissed its staff until March 2. The company plans to export seven million tons of coal this year, but it is likely to miss out, said Vice President of the MAK, Togt Galsan.
Published Date:2020-02-06