Dry bulk iron ore freights opened the week with mixed trends. Pacific rates fell, while Atlantic freights inched up amid limited fixtures. Sentiment weakened with the Baltic index reaching a three-week low and FFA values declining.
- Paradip-Qingdao: Freights dropped $0.2/dmt to $10.30/dmt against 29 Oct’25.
- Hedland-Qingdao: Rates decreased $0.17/dmt to $9.13/dmt.
- Tubarao-Qingdao: Freights rose $0.53/dmt to $23.03/dmt.
- Saldanha Bay-Qingdao: Rates increased $0.63/dmt to $17.63/dmt.
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