Now if those stockpiles can just keep heading down past 50Kt I...

Now if those stockpiles can just keep heading down past 50Kt I think we might give that record another shake.Much depends on the Chinglee demand/supply.

I was talking to a shipping merchant the other day.He has recently set up a new shipping company and does some very large contracts with a large Chinese steel producer.I was asking him in general conversation just what he thinks is the continuing potential for Chinese growth.He mentioned the word SCARY.And he added that in his opinion the markets are greatly under estimating the time that this Chinese growth story will continue for.I mentioned 5-10 years.He said you can probably triple that!

d.