Dry bulk iron ore freights rise w-o-w on active Chinese restocking, geopolitical uncertainties
Iron ore freights rose w-o-w on 3 Mar’26 as post-holiday Chinese buying lifted enquiries and fixing amid inventory restocking. Stronger export sentiments from India and Australia amid ongoing geopolitical uncertainties, along with rising bunker prices, supported the price rise.
- Paradip-Qingdao: $11.2/dmt (+$1.7/dmt)
- Hedland-Qingdao: $10.4/dmt (+$1.1/dmt)
- Tubarao-Qingdao: $23.9/dmt (+$0.9/dmt)
- Saldanha Bay-Qingdao: $17.5/dmt (+$0.5/dmt)
