Bloomberg reports:
“Iron ore exports from Australiadeclined about 23 percent for the week ended Sept. 1. The combined capacity of the ships sailing from the portsfell to 4.57 million deadweight tons, from 5.9 milliondeadweight tons and 35 ships for the week ended Aug. 25, datashowed. About 68 per cent of vessels are destined for Chineseports.”

Humm… further commodity prices decline ahead?

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