Mongolia makes up 11 percent of China’s coal import

Oyundelger 2016-11-17 07:11

Mining

Coal price has doubled compared to the same period of the previous year to reach USD 103.7 per ton.

Mongolia makes up 11 percent of China’s coal import. Coal price has doubled compared to the same period of the previous year to reach USD 103.7 per ton. As of September this year, Mongolia made up 11 percent of the total coal import of China, Mongolia’s main coal consumer. Mongolia’s coal export reached its peak in 2011, having constituted 47 percent of the country’s annual export. The economy grew by record 17.3 percent that year. In 2011, Mongolia supplied 26 percent of China’s coal import.