Iron ore arrivals at Chinese ports rebound on week

Published: Jun 18, 2019 15:47
About 12.44 million mt of seaborne iron ore arrived at China in the week ended Jun 15

SHANGHAI, Jun 18 (SMM) – Ninety vessels carrying 12.44 million mt of seaborne iron ore arrived at major Chinese ports in the week ended June 15, up 1.17 million mt from the previous week, SMM estimates.

Greater arrivals at ports in east China accounted for the rebound, after a fall of 2.98 million mt in the week ended June 8.

Last week, iron ore deliveries departing Australian ports rose 600,000 mt week on week to 15.14 million mt, while those leaving Brazilian ports decreased by 1.41 million mt to 4.82 million mt, according to SMM data.

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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Iron ore arrivals at Chinese ports rebound on week - Shanghai Metals Market (SMM)