Thursday, May 31, 2018 5:26:35 PM
4.54 mnt tons imported in April
-down 46.34% YOY
-down 35.22% Jan-Apr YOY
16.5 mnt total imported Jan-Apr 2018
For review:
"Since the weekend of April 15, thermal and coking coal imports at ports in Eastern China, such as Fangcheng and Zhoushan, are now restricted, while in the Southern Coast, port authorities in the Fujian Province (where the port of Xiamen is located) are telling steel mills that, in their case, this would extend to a full-scale unloading ban."
ref: https://www.magnuscmd.com/chinas-coal-restrictions-why-now/
..and....:
"Ulaanbaatar /MONTSAME/ Erdenes Mongol LLC reports that Chinese side has added entrance lanes starting from April 16, enabling coal trucks to cross the Gants mod border checkpoint through three gates."
Now go look at Mongolia's "total" coal exports Jan-April of this year. More specifically...look at Aprils coking coal export. Do you see it?.........:)
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