Even with the crash in resources prices in last few days, IO...

Even with the crash in resources prices in last few days,
IO prices are still holding at $140.90/T today. I believe it will stay around this level for short to medium term.
Yesterday MGX reported on track to 8 million shipment target. MGX exported record 2 million tonnes last qtr.
China March data indicates 14.5% growth in IO import,over previous month.
China GDP data on track as Chinese have predicted 7.5% to 8% long term GDP growth.