The data I have so far which might be of interest:
1. Time weighted average fx rate for October -> 0.7601 (Q1 -> 0.7577)
2. USD CIF 65% pellet price, time weighted -> US$91.01 (Q1 -> US$87.28)
3. AUD FOB (est post A$16 freight), time weighted average -> A$103.73 (Q1 -> A$ 99.17)
4. Average daily rainfall last 11 days of October -> 4mm. Average excluding 2 days at 8.6mm & 13 mm) -> 1.96mm / day
5. Looks like they got away 3 ships with sum deadweight of 244kT. I'd expect they'll dispatch around 650kT
Re Shagang... it looks like the value to Shagang is being able to receive product as and when required. It's not showing in pricing.
The data I have so far which might be of interest: 1. Time...
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