FMG 1.20% $21.41 fortescue ltd

(Normally get this every Monday/Tuesday but just got this this...

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    (Normally get this every Monday/Tuesday but just got this this morning)
    June 16 National major port imports of iron ore inventory statistics

    According to the national statistics, this week the northern five port

    (Qingdao Port, Rizhao Port, Tianjin Port, Caofeidian, Jingtang Port)
    iron ore average daily shipments of 1.338 million tons, down 12,000 tons
    from last week.

    As of June 16, the country's 46 major ports of iron ore stocks of about
    138.95 million tons, compared with June 9 a decrease of 1.1 million tons, the average
    daily amount of port arrival increased by 10,000 tons from last week to 2.75 million
    tons. Among them, the trade iron ore is about 46.8 million tons, lump ore 13.9 million
    tons, 1.7 million tons of pellets, high grade concentrated fines 9.3 million tons. According to
    the current production situation of the national steel mills, the port iron ore
    stocks to meet the 43.5 days production demand, compared with June 9 a decrease of 0.3 days.


    DYOR.

    Frank.
 
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