Shipping cost to China went up lately. Latest on the Iron Ore products below.
Pellets hold remarkably well.
Prices for Pellets in Yuan, give you an idea how to convert between dollar and Yuan prices. Yuan prices (portside) include 16% VAT and approximately 30Y handling charges. There are 158mt of IO products on the wharfs, waiting for customers, most low quality ore. Pellets account for just over 2mt.
Happy calculating of our money accumulating every shipment.
Pellet Price, page-405
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