China Sees Continuous Declines in Iron Ore Inventories, SMM Reports-Shanghai Metals Market

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China Sees Continuous Declines in Iron Ore Inventories, SMM Reports

SMM Insight 11:03:43AM Aug 11, 2017 Source:SMM

SHANGHAI, Aug. 11 (SMM) – China’s iron ore inventories at ports keep falling in the week ending Aug. 11 on a weekly basis, Shanghai Metals Market reports.

According to SMM data, inventories at the 35 domestic ports were 129.49 million tonnes this past week, down 1.85 million tonnes on a weekly basis. 

The daily average outflows from ports were 2.63 million tonnes this past week, up 164,000 tonnes, SMM data show.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Price

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62% Fe Fines (Qingdao Port): IOPI62
Aug.22
727.0
-12.0
(-1.62%)
62% Fe Fines (Qingdao Port, CFR Equiv.)
Aug.22
95.4
-1.7
(-1.76%)
58% Fe Fines (Qingdao Port): IOPI58
Aug.22
651.0
-7.0
(-1.06%)
58% Fe Fines (Qingdao Port, CFR Equiv.)
Aug.22
86.0
-1.0
(-1.20%)
65% Fe Fines (Qingdao Port): IOPI65
Aug.22
777.0
-10.0
(-1.27%)

China Sees Continuous Declines in Iron Ore Inventories, SMM Reports

SMM Insight 11:03:43AM Aug 11, 2017 Source:SMM

SHANGHAI, Aug. 11 (SMM) – China’s iron ore inventories at ports keep falling in the week ending Aug. 11 on a weekly basis, Shanghai Metals Market reports.

According to SMM data, inventories at the 35 domestic ports were 129.49 million tonnes this past week, down 1.85 million tonnes on a weekly basis. 

The daily average outflows from ports were 2.63 million tonnes this past week, up 164,000 tonnes, SMM data show.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.