Analysts at Bloomberg Intelligence believe that political instability and  volatility of metal prices will affect Mongolian exports to China. Especially Mongolia’s relations with neighboring countries may affect the metals export to China. According to Bloomberg analysts’ preliminary estimate, China’s imports will decline and production prices will not recover this year. Bloomberg analysts emphasize that anti-pollution measures in Mongolia are likely to intensify, and real estate sector might slow down, which will adversely affect domestic demand. In February, the prices of metals in the Chinese market were quite volatile and mixed. For instance, steel and iron ore prices rose, with major drops in key metals.

Source: BloombergTv.mn