Tag: dry bulk iron ore freight rates
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Volatile sentiments keep dry bulk iron ore freight rates flat w-o-w, except on Brazil-China route
Weak buying interest amid bunker volatility, geopolitical uncertainty Active Australian miners support freight rates through steady fixtures The iron ore freight market showed a mixed picture, with Brazil-China strength supporting sentiment while Pacific routes stayed under pressure amid ample tonnage and cautious demand. Activity was measured as participants stayed watchful amid bunker volatility. A source…