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Re: Ponch73 post# 916

Tuesday, 06/19/2018 4:07:38 PM

Tuesday, June 19, 2018 4:07:38 PM

Post# of 1138
let me provide an example:

Seaborne Feb coal imports:

Even if this figure does increase somewhat by the arrival of more cargoes from close-to-China suppliers such as Indonesia, it's still likely that April's imports will be below the seaborne imports of 23.2 million tonnes in March, the 20.8 million in February and the 21.4 million in January reported by Thomson Reuters.

ref: https://energy.economictimes.indiatimes.com/news/coal/column-china-move-to-restrict-coal-imports-may-drive-price-divergence-russellc/63809066

Data from the General Administration of Customs released on Thursday showed coal arrivals COA-IMP-TOT dropped to 20.9 million tonnes last month from 27.8 million tonnes in January, when freezing weather boosted demand. February’s imports were the lowest for any month level since July 2017.

ref: https://www.reuters.com/article/china-economy-trade-coal/update-1-china-february-coal-imports-drop-to-7-month-low-on-warmer-weather-new-year-holiday-idUSL4N1QQ22D

okay..?????...wait.... What??? 100 thousand tonnes?

The nation’s January coal exports dropped 24.1 percent to 1.995 million tonnes, with their value down 18.45 percent at $138 million, the data showed.

ref:https://www.reuters.com/article/china-economy-trade-coal/update-1-china-february-coal-imports-drop-to-7-month-low-on-warmer-weather-new-year-holiday-idUSL4N1QQ22D

Export volumes declined 33 percent to 3.25 million tonnes, while the value of coal exports dropped 25 percent to $245.4 million in the first two months of the year, according to the National Statistics Office.

ref: https://energy.economictimes.indiatimes.com/news/coal/mongolias-coal-exports-drop-a-third-to-3-25-million-tonne-in-february/63295418

February had been worrisomely big, with just 1.27 million tonnes exported. The volume in March was 170% more


ref: http://en.mongolianminingjournal.com/content/65585.shtml

So how did Mongolia ship a paltry 1.27 million tonnes(which they did)when the other data show a rough 100,000 thousand tonnes. Or maybe I can't do math {20.9 million tonnes - 20.8 million tonnes = ???}

What am I missing.....eh????? Or are they shipping it elsewhere???????? Elsewhere?????? It's a mess with regards to data

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