Tag: Dry bulk iron ore freight rate

Dry bulk iron ore freights slide sharply w-o-w; Australia-China route hits 2-month low

Jun 12, 2026

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by

Nikita Shukla

in Fines/Lumps

Muted Chinese demand, limited enquiries dampen sentiment Baltic Dry Index falls 10% w-o-w amid sustained Capesize weakness Dry bulk iron ore freights fell during the assessment week ended 12 June, primarily due to subdued activity in the iron ore market. Limited enquiries on the India-China route reflected soft cargo demand, while the sharp decline in…