Iron ore port inventory edges down on increasing demand-Shanghai Metals Market

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Iron ore port inventory edges down on increasing demand

SMM Insight 02:54:53PM Apr 13, 2018 Source:SMM

SHANGHAI, Apr 13 (SMM) – Iron ore inventory at 35 major Chinese ports stood at 147.77 million mt as of Friday April 13, down 2.27 million mt from a week ago, SMM data showed.

Jingtang and Caofeidian ports saw an apparent inventory decline due to fewer deliveries to ports in north China. Mills demand also recovered following the end of the heating season.

Volumes delivered from ports this week rose to 2.44 million mt, up by 28,000 mt from a week ago.

 


For editorial queries, please contact Daisy Tseng at daisy@smm.cn 
For more information on how to access our research reports, please email service.en@smm.cn

Key Words:  iron ore 

Price

more
62% Fe Fines (Qingdao Port): IOPI62
Oct.11
760.0
3.0
(0.40%)
62% Fe Fines (Qingdao Port, CFR Equiv.)
Oct.11
99.5
0.4
(0.41%)
58% Fe Fines (Qingdao Port): IOPI58
Oct.11
657.0
0.0
(0.00%)
58% Fe Fines (Qingdao Port, CFR Equiv.)
Oct.11
86.5
0.0
(0.01%)
65% Fe Fines (Qingdao Port): IOPI65
Oct.11
796.0
6.0
(0.76%)

Iron ore port inventory edges down on increasing demand

SMM Insight 02:54:53PM Apr 13, 2018 Source:SMM

SHANGHAI, Apr 13 (SMM) – Iron ore inventory at 35 major Chinese ports stood at 147.77 million mt as of Friday April 13, down 2.27 million mt from a week ago, SMM data showed.

Jingtang and Caofeidian ports saw an apparent inventory decline due to fewer deliveries to ports in north China. Mills demand also recovered following the end of the heating season.

Volumes delivered from ports this week rose to 2.44 million mt, up by 28,000 mt from a week ago.

 


For editorial queries, please contact Daisy Tseng at daisy@smm.cn 
For more information on how to access our research reports, please email service.en@smm.cn

Key Words:  iron ore