Chinese seaborne dry bulk imports rose 6% y/y, despite domestic challenges
NewsBetween January and August 2024, Chinese seaborne dry bulk imports rose 6% y/y, driven by inventory build-up, despite domestic concerns.
India’s 5% iron ore export tax increase may further tempt Chinese buyers back into the annual loveless embraces of BHP Billiton, Rio Tinto and Vale in preference to the uncertain supply and volatile prices of the spot market.
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