FMG 3.09% $17.34 fortescue ltd

cosmog, 29 million tonnes is about 35% of the current Chinese...

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    cosmog,
    29 million tonnes is about 35% of the current Chinese port inventory (83 million tonnes), so although its unlikely to put a floor under the IO price, it may accelerate the reduction in port stocks, which will be a small part of the supply/demand trigger.
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