
China June seaborne iron ore set to rise to record despite hefty stockpiles -Eikon data
China’s June seaborne iron ore imports are on track to rise to a record high, data on Thomson Reuters Eikon showed, stoking concerns of oversupply as hundreds millions of iron ore are being stockpiled at Chinese ports.
China portside ore narrows discount to seaborne in May
Portside prices of imported iron ore in China sharply narrowed their discount to seaborne prices in May, as steelmakers mostly made smaller purchases in portside markets to meet short-term needs rather than build large inventories.
China’s seaborne trade: a spectacular upwards trend
Brisk growth in China’s enormous seaborne trade has resumed over the past couple of years, following an earlier sharp slowing of the upwards trend.
Chinese supply reforms driving seaborne thermal coal prices: analyst
Chinese supply reforms are likely to continue to drive Asian seaborne thermal coal prices, which will have a knock-on effect across the globe, a Wood McKenzie analyst said.
World seaborne coal trade fell 1.5 pct in 2016 – German importers
World coal seaborne trade fell 1.5 percent last year due, among other reasons, to a slowdown in big exporter Venezuela and less demand in the United States, German coal import lobby VDKI said on Friday.
Has China’s Seaborne Import Boom “Gone West”?
But in China, if you “go west” you get to the town of Urumqi. It has 3 million people, per capita income of $11,000 a year, the Texas Cafe serves great Tex-Mex, and it’s China’s “fastest growing city”. Oh yes – and it’s the world city most remote from the
Seaborne nickel ore trade still a deadly ‘game of Russian roulette’
“Carrying solid bulk cargoes involves serious risks, which must be managed carefully to safeguard the crew and the ship. These risks include reduced ship stability (and even capsizing) due to...