Tag: Dry bulk iron ore freight
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Weak fundamentals push dry bulk iron ore freights to over 1-month low in Pacific
Pacific basin freights ease on lower fixture levels Muted trade brings Brazil-China rates to 3-week low Dry bulk iron ore freights registered a sharp decline this week across all key routes — India-China, Australia-China, South Africa-China, and Brazil-China. Notably, the India-China and Australia-China routes fell to their lowest levels in over a month, while Brazil-China…