{"id":1384,"date":"2017-08-26T18:00:48","date_gmt":"2017-08-26T18:00:48","guid":{"rendered":"http:\/\/kjtehrani.com\/en\/?p=1384"},"modified":"2017-08-26T18:00:48","modified_gmt":"2017-08-26T18:00:48","slug":"china-pellet-imports-down-37-in-jun-17","status":"publish","type":"post","link":"https:\/\/kjtehrani.com\/en\/china-pellet-imports-down-37-in-jun-17\/","title":{"rendered":"China Pellet imports Down 37% in Jun 17"},"content":{"rendered":"

China the largest iron ore importer of the World has imported 0.59 MnT pellets in Jun’17 according to the trade data released by Chinese Customs. China pellet imports were down by 37% M-o-M against the quantity of 0.93 MnT in May’17.<\/p>\n

The pellet imports by the country were down by 40% Y-o-Y as well for the month which were 0.98 MnT in Jun’16. However, for the first six months of 2017, China pellet imports were at 8.91 MnT 22% up Y-o-Y compared to the quantity of 7.33 MnT for the corresponding period in 2016.<\/p>\n

Country-Wise China Pellets import in Jun’17<\/strong><\/p>\n

China mainly imports high-grade pellets from India, Australia, Ukraine, Brazil and Ukraine, etc. In May’17, India exported 0.27 MnT pellets to China and continues to remain the largest exporter of pellets to China.<\/p>\n

India is actively exporting high-grade pellets to China in order to fulfill its pellet appetite. United States turned out to be the second largest pellet exporter with 0.10 MnT pellets in Jun’17.<\/p>\n

Increased Pellets Export in Coming Months from India<\/strong><\/p>\n

According to an East India based exporter the demand for pellets in China is good and is likely to remain strong till Sept as Chinese steel mills are giving preference to high grade ore due to higher coking coal prices.<\/p>\n

Month of Aug and Sep are likely to see higher quantity delivered to China according to sources as the realization are quite high at the moment and Steel Mint have assessed the Indian pellet (Fe 64\/63%) export offers at around USD93-96\/MT, CFR, China in the end of Jun’17 which is currently at around USD 113\/MT, CFR, China for Sep end or Oct beginning deliveries.<\/p>\n

\"3\"<\/p>\n

Source Steel Mint powered by Keyvan Jafari Tehrani<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

China the largest iron ore importer of the World has imported 0.59 MnT pellets in Jun’17 according to the trade data released by Chinese Customs. China pellet imports were down by 37% M-o-M against the quantity of 0.93 MnT in May’17. The pellet imports by the country were down by 40% Y-o-Y as well for […]<\/p>\n","protected":false},"author":1,"featured_media":1358,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28,21],"tags":[48,50,46,53,65,62,45,47],"acf":[],"yoast_head":"\nChina Pellet imports Down 37% in Jun 17 - Keyvan Jafari Tehrani<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kjtehrani.com\/en\/china-pellet-imports-down-37-in-jun-17\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China Pellet imports Down 37% in Jun 17 - Keyvan Jafari Tehrani\" \/>\n<meta property=\"og:description\" content=\"China the largest iron ore importer of the World has imported 0.59 MnT pellets in Jun’17 according to the trade data released by Chinese Customs. China pellet imports were down by 37% M-o-M against the quantity of 0.93 MnT in May’17. 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He has been exporting minerals and steel value chain products especially iron ore, concentrate, HBI, steel products to various markets, but mainly to China and ASEAN countries, for about 26 Years. He has 36 years solid experience in the field of mining production & export of commodities. He was a Member of the Board & Head of International Affairs of IROPEX (Iranian Iron Ore Producers & Exporters Association) from 2012 up to 2017. Keyvan has a Bachelor degree in Electronic Engineering, Masters degree in Medical Engineering and MBA and Phd. in Radiology from Iranian Reputable Universities and numerous post-graduation courses in Mining, Steel & Management Fields from Iranian & Foreign Universities. Currently, he is a Professor & Senior Analyst in International Economy and Commodities and has numerous articles published in Iranian & International Websites, News Agencies & Media. 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