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Iron ore record to deliver 30th trade surplus

Matthew Cranston
Matthew CranstonUnited States correspondent
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China's thirst for Australian iron ore has registered a new record of $9.4 billion in a single month, helping to drive a big bounce in overall exports.

Preliminary figures from the Australian Bureau of Statistics show the bounce in exports means Australia is expected to have recorded a 30th successive trade surplus in June.

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Matthew Cranston was The Australian Financial Review’s United States correspondent.
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    Original URL: https://www.afr.com/link/follow-20180101-p55f8k