Iron ore arrivals at Chinese ports to dip

Published: Aug 6, 2018 14:12
Some 66 vessels with 8.89 million mt of iron ore are expected to arrive during Aug 3-9, down 90,000 mt during Jul 27 to Aug 2

SHANGHAI, Aug 6 (SMM) – Some 66 vessels with 8.89 million mt of iron ore are expected to arrive at major Chinese ports during August 3-9, down 90,000 mt from 8.98 million mt during July 27 to August 2, SMM data showed.

For the same period, volumes of iron ore departing Australian ports are likely to decrease 380,000 mt to 15.12 million mt and those leaving Brazilian ports arelikely to shrink by 250,000 mt to 7.67 million mt. Port maintenance accounted for the declines.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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