Chinese iron ore imports from Australia in 9 months up by 40 pct
Monday, 02 Nov 2009
According to the latest statistics released by Chinese Customs the top five iron ore exporters to China in January to September were Australia, Brazil, India, South Africa and Ukraine.
Among them, the imports from Australian mines totaled 197 million tonnes up by 39.5% on a year ago with the CIF price averaging at USD 75.4 per tonne.
In January to September, China imported 102 million tonnes of iron ore from Brazil, 31.4% more than last year's 77.61 million tonnes. The accumulated import value was USD 9.1 billion with the average CIF price USD 89.2 per tonne.
Imports from India amounted to 82.68 million tonnes in January to September, 31% more than last year's 73.1 million tonnes and valued USD 5.54 billion in total at an average price of USD 67 per tonne.
January to September imports from South Africa surged 144%YoY to 26.53 million tonnes, USD 2.2 billion by value and the CIF price averaging USD 82.9 per tonne. And Ukraine exported 11.4 million tonnes of iron ore to China in the first nine months up by 91.3%YoY with a total value of USD 990 million and an average CIF price of USD 86.8 per tonne.
