Tag: weekly freight sentiments
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Dry bulk iron ore freights downtrend w-o-w; Australia goes contrarian
Speculation on China policy shifts add to uncertainty Declining bunker prices & cargoes hit India-China route Dry bulk iron ore freight rates down-trended this week amid lack of demand from Chinese buyers. amid its prolonged property slump, rising debt risks, and weak domestic demand. However, market sentiment remains buoyed by expectations of supportive fiscal and…