Tag: Dry bulk iron ore freight rate

Dry bulk iron ore freights surge; India-China route hits 2-month high

Mar 5, 2025

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by

Nidhi Awasthi

in Fines/Lumps

Spot iron ore prices in China plunge w-o-w Baltic indices rise w-o-w; BCI up 827 points Dry bulk iron ore freights surged w-o-w, with rates from India to China hitting a two-month high, as per data maintained with BigMint. Moreover, Capesize freights rose due to strong demand for iron ore shipments, particularly from major miners…