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OMOLIVES

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OMOLIVES

Re: mhsg post# 897

Monday, 06/18/2018 4:42:43 PM

Monday, June 18, 2018 4:42:43 PM

Post# of 1138
MMC's baseline with total coal exports is 8%. It ran 8.2% for the first quarter....with March hitting 8.7%. These are the numbers I use. Mongolia had 55% of the first quarter coking coal imports to China...with March hitting close to 70%. Again...we know what happened in Jan/Feb. Mongolia was around 10.5% of China's total coal imports for the first quarter.

In April, Mongolia hit 16% for that Month. The question is...how much of that 6 million tonnes out there is from Mongolia?

Will that third gate equate to 20% more coal delivered(up to a third)...or not? Will the port restrictions have a desired effect? I could go on...and will so...later tonight.

If my numbers are off.....I will apologize beforehand....but I don't think they are.
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