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Global Times reported that Australian iron ore exports to China increased 9 percent from July.
Global Times reported that Australian iron ore exports to China increased 9 percent from July.
As quoted in the market news:
Ore shipments of 22.3 million tons were up a hefty 33 percent on August last year and not far from all-time highs hit in May. Since the figures are released just a few days after the end of the month, they offer a timely leading indicator of demand in China.