From an export point of view KML not protecting us. Look like...

From an export point of view KML not protecting us.

Look like the export quantities this FY are dropping.

As 31 August 2017 there have been 22 ships (incl a ship on 1 Sept at 5am) which have departed Geraldton.

This an annual rate of 7.92m tonnes. About a 6.4% drop on last years exports.

But rate doesn't look good for Sept 2017.

Unless things turnaround I expect a 11% drop from last year.

And when average August price for 65.3% IO was AUD$99.77 - a near break even price.

July average $AUD88.87.