Thu, 17 May 2012 21:51:51
Coal Price per Truck Continues to Rise

 

By U.BATCHIMEG

Coal price per porter truck is 280 to 300 thousand MNT. One small sack of coal is 1300 MNT. The reason the coal price has increased has many factors. Due to terminations in the private mines of Nalaikh, trucks with coal are decreasing. Coal is becoming scarce and transportation expense is high. Ch.Jack who sells coal gave more clarification.

-Why has coal price increased?
-Coal price from Nalaikh itself is high. Our price depends on Nalaikh’s price.
-Why does it keep increasing?
-Trucks transporting coal are decreasing. Before, there were loads of trucks with coal. Today, there are one or two trucks selling coal. Nalaikh mining is very prone to mining accidents. Therefore, all private mining companies there have been terminated. In relation to this, coal is very rare these days. Last year, coal price per ZIL 130 truck was 350.000 MNT, but today it is 500.000 MNT. It is right for citizens to be upset about it because coal price per truck is heading towards 1 mil. MNT. Think about how much money they get as a monthly salary every month. In order to overcome this cold winter, they have nothing to do but purchase this coal with a skyrocketing price. We sell about 100 sacks of coal a day. Per sack we sell it for 1300 MNT and we buy it for 1200 MNT.


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