Port Hedland chucks near record dirt at Asia

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Port Hedland May stats are out and it shipped the second highest level of dirt on record at 39.37mt.

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China’s share was decent but down on the month:

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That was exaggerated slightly by record volumes to Korea which is the major customer of the ramping up Roy Hill:

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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.