Tag: Chile iron ore export
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Dry bulk iron ore freights rise w-o-w on active Chinese restocking, geopolitical uncertainties
Iron ore freights rose w-o-w on 3 Mar’26 as post-holiday Chinese buying lifted enquiries and fixing amid inventory restocking. Stronger export sentiments from India and Australia amid ongoing geopolitical uncertainties, along with rising bunker prices, supported the price rise. Paradip-Qingdao: $11.2/dmt (+$1.7/dmt) Hedland-Qingdao: $10.4/dmt (+$1.1/dmt) Tubarao-Qingdao: $23.9/dmt (+$0.9/dmt) Saldanha Bay-Qingdao: $17.5/dmt (+$0.5/dmt)