Mongolia Jan-Mar iron ore exports up 15.2% MoM www.sxcoal.com
Mongolia exported 616,200 tonnes of iron ore in January-March 2022, tumbling 67.78% or 1.3 million tonnes year on year, showed latest data from the Mongolian Customs General Administration (MCGA).
The total export value slumped 75.91% on the year to $57.45 million during the first three months, data showed.
China was the only destination of Mongolian iron ore during the period.
coal,coal price,coke,China coal,coking coal,thermal coal
MCGA didn't release the specific figure for last month, yet Sxcoal calculated the exports at 307,300 tonnes based on the overall exports published by the customs authority, falling56.24% year on year but rising 15.2% on the month.
The iron ore exports amounted to $31.88 million in March, with average price at $103.74/t, down $26.41/t from a year ago but rising $18.97/t from a month earlier, data showed.
(Writing by Rebecca Liu Editing by Harry Huo)
Published Date:2022-04-12