According to MySteel, total IO port transactions for today is 0.62MT, down 31.49% from yesterday.
Last week, daily average was 1.0281MT.
Last Month, daily average was 0.7977MT.
Qingdao Port Prices:
- PB fines RMB 620, down 8
- FMG SSF 56.7% RMB 514, unchanged
Jingtang Port Prices:
- PB fines RMB 630, unchanged
- FMG SSF 56.7% RMB 513, unchanged
For those who is interested in covert into US$, the port prices are in RMB and wet metrics and including tax, to to covert into US$, this is how I calculate:
PB Fines 620 / 0.915 (covert to dry) / 1.17 (17% tax) / 6.7 (US RMB FX) = US$86.44/dmt
FMG SSF 514 / 0.915 / 1.17 / 6.7 = US$71.66/dmt
Cheapest FMG IO is making +$40/wmt cash flow ATM, that is over US$600M a month!!
Let's hope these prices last a long long time.
DYOR
Frank
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$21.86 |
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Mkt cap ! $67.30B |
Open | High | Low | Value | Volume |
$22.18 | $22.18 | $21.69 | $119.2M | 5.445M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 14450 | $21.85 |
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Price($) | Vol. | No. |
---|---|---|
$21.87 | 152 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 21.850 |
2 | 3705 | 21.820 |
1 | 25000 | 21.810 |
1 | 344 | 21.790 |
1 | 460 | 21.780 |
Price($) | Vol. | No. |
---|---|---|
21.870 | 152 | 1 |
21.880 | 57806 | 3 |
21.890 | 1964 | 4 |
21.900 | 34110 | 5 |
21.910 | 8756 | 1 |
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