Coal imports of Inner Mongolia have increased, but due to the decline in the commodity prices the amount of sales is declining accordingly.
According to the Huh Hot Customs Authorities the coal imports in the first quarter of this year have increased by 34 percent reaching 3.7 million tons. While the commodity prices have seen the decline of about 40 percent the total amount of the imported coal is at USD 135.5 million only.
Even though the Inner Mongolia imports the coal only from Mongolia the statistics of the imports at both ends vary. According to the NSO the coal exports in the first quarter of 2015 was at 3.2 million tons having seen the decline by 13.3 percent compared to the same period of the previous year. And the amount of the total coal exports equals to over USD 140 million.
Chinese side informs that the coal prices at the two Mongolian ports were stable on a monthly basis. While the annual numbers show the decline in coal prices by 8,3 percent at Gashuunsukhait port and 26 percent at the Shiveekhuren port.
Coal imports of Inner Mongolia have increased, but due to the decline in the commodity prices the amount of sales is declining accordingly.
According to the Huh Hot Customs Authorities the coal imports in the first quarter of this year have increased by 34 percent reaching 3.7 million tons. While the commodity prices have seen the decline of about 40 percent the total amount of the imported coal is at USD 135.5 million only.
Even though the Inner Mongolia imports the coal only from Mongolia the statistics of the imports at both ends vary. According to the NSO the coal exports in the first quarter of 2015 was at 3.2 million tons having seen the decline by 13.3 percent compared to the same period of the previous year. And the amount of the total coal exports equals to over USD 140 million.
Chinese side informs that the coal prices at the two Mongolian ports were stable on a monthly basis. While the annual numbers show the decline in coal prices by 8,3 percent at Gashuunsukhait port and 26 percent at the Shiveekhuren port.