The next and probably last pellet shipment for the quarter is Western Monaco 81112dwt due 20June.
This takes shipments for the quarter to 675kt(net) and a potential value of $A101mil. As there have been no 'chips' shipment since 2Jan, there is a chance that a 40kt chips shipment valued at $A1.5mil will go to Port Kembla later this month.
It is pleasing to see the 65% pellet price back up to $US129 at the end of last week that hopefully will hold for the next three weeks.
Nenita has arrived at Port Latta and is currently docking with only light winds forecast.
The next and probably last pellet shipment for the quarter is...
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