How about the PCI price having a crank also. From metal bulletin:-
"Australia-origin PCI cargoes have changed hands around $135-138 per tonne cfr China in recent days, sources said. Offers of such materials are now around $140 per tonne cfr China, they said. Chinese buyers accounted for the bulk of the transactions in the PCI segment over the past week, according to data collected by Metal Bulletin. "
Very good news for CKA who are currently mining and barging premium quality PCI ... waiting for sales announcement and figures
