Mongolia exports its 98.2% of coal to China

AKIPRESS.COM - Mongolia aims to export 42 million tons of coal by the end of 2019 to get 1.3 trillion tugriks of export income. As of November 1, the country has exported a total of 32.3 million tons of coal, the customs service reported.
Thus, the country has to supply 9.7 million tons within the next two months to reach its goal.
In the first 10 months of this year, Mongolia exported coal worth 2.75 billion dollars, which is $309.2 million or 1.4 tons more than in the same period of the last year.
In 2018, the average price for coal was $78.8 per ton, while today it has increased up to $85 per ton.
Mongolia has its main export market to China - 98.2% of coal are exported there.