China Iron Ore Inventory at Ports Registers Fifth Consecutive Decline, SMM Reports

Published: Aug 25, 2017 10:58

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Iron ore inventory at China’s 35 ports totaled 126.27 million tonnes, down 1.59 million tonnes from 127.86 nillion tonnes seen in the week ending August 18.

SHANGHAI, Aug. 25 (SMM) – As of August 25, iron ore inventory at China’s 35 ports totaled 126.27 million tonnes, down 1.59 million tonnes from 127.86 nillion tonnes seen in the week ending August 18, according to SMM data. The figure has dropped for five weeks in a row.

China Iron Ore Port Inventory Registers 4-Week Decline, SMM Reports

Daily evacuation of cargoes from port grew by 10,000 tonnes to 2.73 million tonnes.

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