But if the ship that is picking up the concentrate in Oman was carrying a cargo from say Turkey to Oman or the UAE then it will have had to go the long way via South Africa which will have added 7-10 days to its journey. The ship traffic through the Red Sea and Suez canal is massively down right at the moment - very few ships are coming from the Indian Ocean through the Gulf of Aden and up the Red Sea.
AUQ Price at posting:
7.1¢ Sentiment: Buy Disclosure: Held
