Posted On: 09/19/2013 3:52:24 PM
Post# of 8059
CWRNs last ship- their 1st Panamax- the green ship here- left ca May 19 w over 68000 tons ore-
looking for more, plus ships to send an estimated 135000 tons of fertilizer,as of june 2012,to the USA,and bingo indicated the fertilizer would be well over 200/ton- see his 9-8-12 post.
Plenty of inventory -apparently working thru transitional issues and picking up on and learning about and making previous relationships their own,plus negotiating w the Chinese is never easy as bingo said.
If they could just come to a long term contract they could put out a lot of ships w inventory being a minimum of 300,000 tons to produce 200,000 tons of 0-1mm fert and sinter fines-being extremely conservative because traditional ratios would indicate over 2.5 million tons to produce 200,000 tons waste byproduct of 0-1mm by june 2012
looking for more, plus ships to send an estimated 135000 tons of fertilizer,as of june 2012,to the USA,and bingo indicated the fertilizer would be well over 200/ton- see his 9-8-12 post.
Plenty of inventory -apparently working thru transitional issues and picking up on and learning about and making previous relationships their own,plus negotiating w the Chinese is never easy as bingo said.
If they could just come to a long term contract they could put out a lot of ships w inventory being a minimum of 300,000 tons to produce 200,000 tons of 0-1mm fert and sinter fines-being extremely conservative because traditional ratios would indicate over 2.5 million tons to produce 200,000 tons waste byproduct of 0-1mm by june 2012
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