Port Hedland shipments ease

Friday 7 July 2017

Port Hedland June shipments are out and eased from May to 43.1mt with China at 36.6mt. It was a 3% lift year on year in total throughput:

Korea rebounded to 3.6mt:

Second half should see more growth as the Roy Hill whale breaches.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.