The import of iron ore reached a record high of 68

the import of iron ore in January hit a record high of 68.97 million tons

China Construction machinery information

Guide: on February 14, the data released by the General Administration of Customs of China on transmission showed that in January, China imported 68.97 million tons of iron ore, the highest record ever. Some experts said that this was mainly because importers such as traders and steel mills raided imports and stockpiled goods in ports. Iron ore imports will no longer see the previous sharp increase

on February 14, the data released by the General Administration of Customs of China showed that in January, China imported 68.97 million tons of iron ore, setting a record. Some experts said that this is mainly because many people do not understand why to do change experiments? First of all, from the experimental principle, because traders, steel mills and other importers rush to import and stock up in ports, iron ore imports will not increase significantly in the past

according to customs data, China imported 68.97 million tons of iron ore in January, an increase of 10.89 million tons over December last year, with a month on month increase of 18%, a year-on-year increase of 4. More than 100 representatives from China, Canada, the United States, Australia, the United Kingdom, France, the Netherlands, Hong Kong and other countries and regions participated in the event, with a record import volume of 7.9%. Before that, the historical data of China's imported iron ore appeared in September 2009, which was 64.55 million tons

in January this year, China's average import price was 151.4 US dollars per ton, up 66.1% year-on-year, second only to the peak in August 2008. It means that while China's iron ore imports are rushing to import, the import price has also risen all the way

for the above data, Zhang Lin, an iron ore analyst at Lange Iron and Steel Information Research Center, said that because the industry was optimistic about the post holiday steel market before the Spring Festival and expected the price of iron ore to rise, it rushed to import and stockpiled goods in the port

it is understood that the iron ore port inventory data of 19 ports in China show that in the week of early January, the port inventory historically exceeded 80 million tons, reaching 80.9 million tons; What is more noteworthy is that by the week of early February, the port inventory had reached 88.46 million tons, an increase of about 8million tons within a month

an important reason why importers are hoarding goods is that they are worried about the rise of global commodity prices. Because under the influence of factors such as the impact of natural disasters in Australia on iron ore production and the reduction of iron ore exports caused by the continuous introduction of policies in India, people predict that iron ore prices will rise in the later period, and hoarding is profitable. Yesterday, the CIF import price of iron ore spot began to rush towards the historical threshold of $200/ton. The CIF quotation of Indian fine ore spot reached $199/ton, while in January, the average quotation of China's spot iron ore was about $185/ton