Coal exports increased by nearly 7 times in quantity

VCN- This is noteworthy information related to export activities Vietnam in the first months of 2017.
coal exports increased by nearly 7 times in quantity Major imported commodity groups in the first quarter of 2017
coal exports increased by nearly 7 times in quantity Price pressure in 2017
coal exports increased by nearly 7 times in quantity Major export commodity groups in 2016
coal exports increased by nearly 7 times in quantity
Coal exports increased by nearly 7 times in quantity.

According to the General Department of Vietnam Customs, from the beginning of 2017 to 15th April 2017, the total coal exports reached 504,663 tons with the total value of $US 79.438 million.

Thus, compared to the same period in 2016, the total volume and value of coal exports have increased strongly. In particular, the total coal export volume increased by 6.7 times and the value of coal exports increased by more than 13 times.

With the total value of exports increased more than the output, the average export price of this commodity also increased compared to the same period last year.

Specifically, the average price of coal exports in the same period in 2016 was only $US 79 per ton, while in 15th April 2017, coal exports soared to over $US 157 per ton.

Notably, many years ago, China was one of the major markets importing Vietnam's coal. However, from early 2017 to date, China has been no longer import market of Vietnam.

coal exports increased by nearly 7 times in quantity Quang Ninh: Discovery a barge transports coal dust without document

VCN – A towboat of 4 barges in that transported more than 445 tons of coal dust ...

According to the General Department of Vietnam Customs, by the end of first quarter of 2017, the major import markets of Vietnam's coal had been Japan, Indonesia, Taiwan, Malaysia and South Korea.

By Thai Binh/ Hoang Anh

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