The cost of shipping IO from Cameroon to china in 250,000-300,000 dwt ships will be comparable to the cost of shipping in same size ships from brazil.
Shipping is a market in it's self. Currently freight rates are low. I would estimate the differenial between Australia to China and Cameroon to China would be around US$4.00 tonne
SDL discounting the selling price by $4.00 to compete with Australia would not be an issue at todays high IO spot prices. SDL woulkd not have to discount from Brazil's price to compete with Brazil.
Nextport
SDL Price at posting:
52.0¢ Sentiment: Hold Disclosure: Held
