Iron ore arrivals at Chinese ports to fall after two weeks of gains

SHANGHAI, Jul 11 (SMM) – Some 72 vessels with 10.05 million mt of iron ore are expected to arrive at major Chinese ports from July 6-12. This is down 1.1 million mt from 11.15 million mt during June 29-July 5, after two consecutive weeks of increase. 

For the same period, volumes of iron ore departing Australian ports are likely to shrink 470,000 mt to 14.73 million mt, and those leaving Brazilian ports are likely to fall 220,000 mt to 7.74 million mt.