April 2016, the number of issuing import licenses for iron ore 116.6337 million tons, a decline of 1%, the amount of $ 6.565 billion, with an average price of $ 56.28 / ton; clearance number of 33.6508 million tons, the amount of $ 1.875 billion; average sea freight prices US $ 18.69 / ton, up $ 3.20 / ton. In April, the cumulative issuing 462,744,700 tons, the amount of $ 22.889 billion, with an average price of $ 49.46 / ton; total clearance 259.2608 million tons, the amount of $ 11.978 billion; average sea freight price of $ 14.14 / ton. China’s iron ore imports in April as follows:

First, the import of iron ore imports by country, price

April 2016, the number of import licenses from Australia issuing 70,438,700 tons, a decline of 3%. The amount of $ 3.916 billion, the average import price of $ 55.60 / ton; clearance number of 19.8689 million tons, the amount of $ 1.093 billion. January-April cumulative quantity issuing 287,112,300 tons, the amount of $ 13.799 billion, the average import price of $ 48.06 / ton; clearance number 164.7114 million tons, the amount of $ 7.474 billion.

Imports from Brazil the number of licenses issuing 24,326,900 tons, up 4%, the amount of $ 1.51 billion, the average import price of $ 62.11 / ton; clearance number 6.7246 million tons, the amount of $ 385 million. January-April cumulative quantity issuing 97,344,700 tons, the amount of $ 2.45 billion, the average import price of $ 55.77 / ton; clearance number of 50.8022 million tons, the amount of $ 2.45 billion.

South Africa, the number of issuing import licenses from 5.4013 million tons, up 6%, the amount of $ 297 million, the average import price of $ 54.93 / ton; clearance number 1.6086 million tons, the amount of $ 100 million. January-April cumulative quantity issuing 19,741,400 tons, the amount of $ 960 million, the average import price of $ 48.42 / ton; clearance number of 11.5934 million tons, the amount of $ 603 million.

Imports from other countries, the number of licenses issuing 16,466,800 tons, the amount of $ 840 million, the average import price of $ 51.05 / ton; clearance number 5.4487 million tons, the amount of $ 296 million. January-April cumulative quantity issuing 58,546,300 tons, the amount of $ 2.705 billion, the average import price of $ 46.21 / ton; clearance number of 32.1538 million tons, the amount of $ 1.452 billion.

Second, import News

January-April 2016, a total of 391 enterprises to apply automatic import license iron ore, of which 343 companies have actually imported.

Third, grade imported iron ore imports subcontractors

April 2016, the number of contracts from Australia imported 62,437,500 tons. Among them, 66% and above grade contract 128,100 tons, with an average price of $ 63.68 / ton. January-April total contracted 1.4987 million tons, with an average price of $ 52.30 / ton; 63-66% of the contract 7.5094 million tons, with an average price of $ 59.72 / ton. January-April cumulative contract 25.3489 million tons, with an average price of $ 57.60 / ton; 60-63% of the contract 26.0333 million tons, with an average price of $ 58.92 / ton. January-April cumulative contract 134.9255 million tons, with an average price of $ 52.00 / ton; 55-60% of the contract 28.2872 million tons, with an average price of $ 51.27 / ton. January-April cumulative contract 97.0543 million tons, with an average price of $ 44.95 / ton.

Imports from Brazil the number of contracts 18,546,300 tons. Among them, 66% and above grade contract 661,900 tons, with an average price of $ 76.97 / ton. January-April total contracted 5.1318 million tons, with an average price of $ 54.05 / ton; 63-66% of the contract 7.1613 million tons, with an average price of $ 60.85 / ton. January-April cumulative contract 23.9992 million tons, with an average price of $ 54.01 / ton; 60-63% of the contract 10.1487 million tons, with an average price of $ 57.65 / ton. January-April cumulative contract 41.6304 million tons, with an average price of $ 52.02 / ton; 55-60% of the contract 574,400 tons, with an average price of $ 47.03 / ton; January-April total contracted 1.7164 million tons, with an average price of $ 41.44 / ton .

Fourth, the case of imported iron ore sea freight

April 2016 imports of iron ore imports average sea freight $ 18.69 / ton. Among them, Australia $ 20.59 / ton; Brazil US $ 13.89 / ton; South Africa US $ 13.36 / ton; India US $ 13.71 / t; Indonesia US $ 4.97 / ton.

January-April, the average import sea freight $ 14.14 / ton. Among them, Australia $ 14.17 / ton; Brazil US $ 15.08 / t; Ukraine of $ 29.62 / ton; South Africa US $ 12.68 / t; Myanmar US $ 3.47 / ton; India US $ 13.25 / t; Indonesia US $ 5.67 / ton.

Fifth, the iron ore import market this month

April iron ore imports last month was essentially flat with the license issuing. April domestic steel prices pull up, blast furnace steel plant operating rates and capacity utilization increased significantly qoq. April outside the mine to the port MoM in March has also increased, but the arrival of high-grade ore with fewer resources, while most mills recover a good level of profitability, demand a certain degree of high-grade ore on the outside support of ore prices .

From the end of April, steel and iron ore spot market and futures market prices fell sharply. On the one hand, the rapid growth of the previous price, a substantial improvement in corporate profitability, making the resumption of production of enterprises to increase yield, April crude steel production hit a record high level, making the market supply increases; on the other hand, the market worried about the intensity of big macroeconomic policies adjustment, the market outlook is expected to cautiously optimistic and pessimistic side. After the price swings, the market sentiment is expected to return to fundamentals, potential supply increase, demand slowdown, can not change the pattern of short-term oversupply within. Recent market price oscillation stabilization of long-term risks are slowly gathering. Recommends that companies reasonable control of inventory.