Customs clearance for Mongolian coal prolonged
The customs clearance for Mongolian coking coal imported into China has been prolonged since the Naadam Festival in mid-July.
Customs clearance for Mongolian coal prolonged. The customs clearance for Mongolian coking coal imported into China has been prolonged since the Naadam Festival in mid-July. It now takes at least one month to finish customs clearance at Ganqimaodu border crossing, a much longer period compared with previous two weeks. Impacted by this, the number of coal trucks from Mongolia to China declined sharply to 600 each day in mid-August from 1,400 in early July, and daily coal imports also plummeted to 40,000 tons or so from 100,000 tons. Besides, trucks loaded with Mongolian coal needed to wait 2-3 days before allowed unloading at border crossings. The trader said Mongolian material that declared clearance at Ceke border crossing in mid-July has not been allowed into China, resulting in a supply shortfall in the market. There are market talks that Ganqimaodu border crossing plans to control coal imports at around 15 million tonnes in 2017, but the current figures have exceeded 12 million tonnes, calling for tough control on imports of Mongolian coal.
Views: 1329
Tweet