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Rizhao Port to keep stocks of iron ore a year earlier reproduction by 3 times - iron ore, steel - ch

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Compared to same period last year, three times the growth, which is China's largest iron ore import port of Rizhao Port in the first quarter imports from traders.

At the same time, including the northern port of Qingdao port, including cargo of iron ore have also seen a continued trend of heavy volume.

Although Economy Prospects for the economy remains uncertain, difficult to set iron ore price trend, but the Shandong Lee Cheong International Trading Company Manager Wang said that some large traders have been hoarding millions of tons even now most of the incremental iron ore or concentrate on traders hands.

Unexpected sources "2009 years ago, three months, a steady stream of cargo ships of more than 2,000 tons of iron ore will be transported to the Rizhao Port. In the domestic economic recession of the iron ore port throughput to the unexpectedly set a new record. "abnormal iron ore to the port for the phenomenon, Shandong Rizhao Port Group Company ore unloading shares two captain Cui a quite surprising.

4 month supply of this stock contrarian peak in no way signs of abating. Cui told a reporter that has been implemented to the current vessels will have 33, the throughput will be at least 500 million tons. This will be another very busy month.

The fourth quarter of last year, Rizhao Port iron ore imports of 17.1 million tons by the third quarter fell sharply to 12.17 million tons. The first quarter of this year, Rizhao Port is ?? Accumulated throughput of 25.606 million tons of iron ore, up as high as 12.8%.

As shares of two companies accounted for the completion of ore throughput of the port of Rizhao 95.8% of total production, ore unloading captain Cui an especially busy recently. "Over the last few days, almost every day for more than 23 160 thousand tons Cape boat to Hong Kong. Two berths, 6 ore unloading machine, more than 100 days since the never gave up. Handling equipment maintenance only crowded in the ship docked in space. "pointing to the busy docks of a mountain of iron ore, said Cui, March 38 Cape ore shipments to the 7.76 million tons, the current handling capacity of Rizhao Port has been operating at full capacity.

Recession hit a new record in Rizhao Port is also contrary to expectations, general manager of Wang Jianbo. He pointed to data on the computer business, said in March since the day of Rizhao Port to the frequency of vessels, iron ore throughput and many other data are record high. Only on April 9, 10, had nearly a two-day patrol boat Cape type of discharge or be parked Rizhao Port (Cape size vessel that can not be through the Panama Canal and the Suez Canal, the Straits only from around the Cape of Good Hope in Cape Town, South Africa line of cargo, mainly referring to more than 150,000 tons of large bulk carriers). Most of the time, the port will have 13 vessels waiting four Cape-based loading and unloading.

Surge in cargo, and did not bring pressure of the phenomenon of poor sales in Hong Kong. Rizhao Port in iron ore per day in Hong Kong also recently reached a record high of more than 20 million tons, showing a trend of strong demand.

Present, not just the Rizhao Port, Qingdao Port in the first two months of imports of iron ore rose 5% to more than 600 tons per month, Tianjin, Qinhuangdao, Caofeidian and other northern ports of iron ore port stocks have also gradually increased.

Macroeconomic port is a "barometer" of iron ore is seen as leading indicators of economic change. Fluctuations in the throughput of the port of iron ore, more quickly perceived economic changes.

Development effort bargain-hunting Unexpected for iron ore imports this stock boom, the Rizhao Port Group Chairman, said Du Chi Chuan, now a sudden rise in iron ore imports because, first, a significant reduction in ore spot prices (from 1500 Yuan / ton down to less than 600 yuan / ton); second down from the peak of low sea freight. At present Brazil to China route freight to 17 U.S. dollars / ton last year, up to 106 U.S. dollars / ton; 3 4 trillion national infrastructure investment, making iron and steel enterprises have a more optimistic economic forecast warming; fourth is from the Pro iron and steel enterprises in Hong Kong and the layout of the circumstances, the procurement of iron ore spot market, there is a certain profit per ton of steel space. In addition, traders purchase ore increased significantly, traders Rizhao Port in the first quarter imports 3 times over the same period last year.

Information from Rizhao Port that the iron ore to the port and the departure frequency as quickly.

Rapid increase in ore imports, while iron ore port stocks in the major port iron ore stocks from last year in October of 7000 million tons, down to the 59 million tons by the end of February this year, about sunshine, Beijing Tang, Qingdao, Tianjin, Zhanjiang port, five major ports in less than 30 million tons of iron ore inventories.

For the surge in iron ore flow, Rizhao Port, who, as the dramatic decline in iron ore and freight rates, investors are generally bullish market, traders and small and medium steel companies starting to get bargain-hunting, the import of iron in Rizhao Port mineral composition of the two accounted for a large proportion.
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