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Chinese Minor Bulk Imports Strong
Chinese imports of minor bulks rose for a fourth consecutive month with combined shipments of bauxite, alumina, steel scrap, fertiliser, wood pulp, logs and nickel, manganese, copper and chromium ores climbing to close to 22.0 Mt in August, up by 3.5 Mt year-on-year to the highest monthly level since January 2014, customs data show. This included robust annual growth of 2.1 Mt in bauxite imports to 6.5 Mt. Nickel ore imports rose to an 11-month high of 4.7 Mt.