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December 03, 2008


Iron ore stocks at Chinese ports reach record levels

It is reported Chinese iron ore stockpiles are now at an all time high of 61.6 million tonnes around 15 million tonnes higher than the end 2007 total.

PortOriginTotal
QinhuangdaoIndia (0.35)1.25
QingdaoIndia (1.6),Brazil (3.2),Australia (3.8)9.8
TianjinIndia (1.5)6.06
JingtangIndia (2.8)4.37
CaofeidianIndia (1),Brazil (1.9) Australia (1.9)4.8
RizhaoIndia (2.25),Australia (3),Brazil (1.7)8.6
LanshanIndia (3.15)4.5
YantaiIndia (0.7),Brazil (0.7)1.5
DalianBrazil (1.2);Australia (0.4)1.58
DandongIndian pellet(0.04)0.3
LianyungangIndia (2.5)3.95
YingkouIndia (0.6),Australia (0.9),Brazil (0.8)2.4
Beilun PortAustralia (1.5) ,Brazil (1.2)3.2
Nantong PortAustralia (0.8),Brazil (0.3)1.7
ZhenjiagangIndia (0.6),Brazil (0.5),Australia (0.7)2.2
Zhanjiang Brazil and Australia4.8
Shanghai1
Other ports0.9
Total Stockpiles61.9
Indian ore18.1
(In million tonnes)