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Mongolia iron ore exports down 38.1% in Jan-Nov www.sxcoal.com
Mongolia exported 4.39 million tonnes of iron ore in January-November 2022, down 38.1% or 2.7 million tonnes from a year ago, showed latest data from the Mongolian Customs General Administration (MCGA).
The total export value slumped 61.09% on the year to $370 million during the first 11 months, data showed.
China was the only destination of Mongolian iron ore during the period.
MCGA didn't release the specific figure for last month, yet Sxcoal calculated the exports at 512,100 tonnes based on the overall exports published by the customs authority, down 4.12% year on year and 24.33% on the month.
The iron ore exports amounted to $32.84 million in November, with average price at $64.13/t, down $18.81/t from a year ago and $3.13/t from a month earlier, data showed.
(Writing by Alex Guo Editing by Tammy Yang)
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Published Date:2022-12-13
