China’s iron ore port stocks at 142 million tonnes

28-Jan-2019

Stocks of imported iron ore at 45 major Chinese ports reversed down after a one-week incline, dipping 1.7 million tonnes over the week to about 142.1 million tonnes as of January 24, mainly because of higher daily discharge rate at many ports, according to Mysteel’s latest weekly survey released on January 25.

Over January 18-24, the daily discharge rate at the total 45 ports hit a new high since last November, up further by 135,900 tonnes/day or 4.7% on week to 3 million t/d on average, which was higher than a year ago too.

Source: MYSTEEL GLOBAL