Mongolian Export Revenue Drops 3.3% as Coal Prices Decline - Businessweek: "Mineral-rich Mongolia’s export income dropped in the first five months of this year as a result of falling coal prices paid by China, the nation’s largest trading partner.
Mongolia’s exports fell 3.3 percent to $1.64 billion in the first five months of this year from the same period last year, the National Statistics Office said in a release on its website yesterday. The value of coal shipments declined 44 percent to $448.6 million, while volumes dropped 14 percent to 6.33 million tons, according to the statement."
'via Blog this'
