Commodities

by hellenicshippingnews… on 15 April 2025 at 9:00 pm

The Baltic Exchange’s dry bulk sea freight index fell on Tuesday, snapping a three-day winning streak due to weaker capesize rates. The main index, which tracks rates for capesize, panamax and supramax shipping vessels, fell 19 points or 1.5% to 1,263. The capesize index shed 74 points or 4.1% to 1,753. Average daily earnings for …

by hellenicshippingnews… on 15 April 2025 at 9:00 pm

China’s imports of major commodities were weak in the first quarter, but the challenge is working out whether the soft outcomes are mainly the result of temporary factors or signs of deeper economic malaise. The big four commodity imports, namely crude oil, iron ore, coal and copper, all saw declines in the first three months …

by hellenicshippingnews… on 15 April 2025 at 9:00 pm

Chinese coal buyers are trying to renegotiate long-term contracts, eyeing better deals on the spot market where prices are at four-year lows, three sources familiar with the matter said, adding pressure to China’s cash-strapped coal sector. Weak demand has pushed spot market prices below the level of existing long-term contracts, said Li Wei, chairman of …

by hellenicshippingnews… on 15 April 2025 at 9:00 pm

Pilbara Ports delivered a total monthly throughput of 69.5 million tonnes (Mt) for March 2025. This throughput was a 3 per cent increase compared to March 2024. The Port of Port Hedland achieved a monthly throughput of 51.5Mt, of which 65.6Mt was iron ore exports. This was a 2 per cent increase to total throughput …

by hellenicshippingnews… on 15 April 2025 at 9:00 pm

Iron ore futures prices dangled in a tight range on Tuesday, as investors and traders awaited a raft of additional economic data from top consumer China for clarity of demand outlook and stimulus prospects. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! closed daytime trade 0.99% higher at 713 yuan …

by hellenicshippingnews… on 15 April 2025 at 1:00 pm

Today, Tuesday, April 15 2025, the Baltic Dry Index decreased by 19 points, reaching 1263 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry …

by hellenicshippingnews… on 14 April 2025 at 9:00 pm

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, climbed on Monday, driven by higher capesize and panamax prices. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, gained 8 points, or 0.6%, to 1,282. The capesize index added 24 points or 1.3% …

by hellenicshippingnews… on 14 April 2025 at 9:00 pm

China’s iron ore imports in March fell slightly from the prior month to a 20-month low, defying analysts’ expectations that monthly shipments would pick up as weather-induced supply disruptions eased. The world’s largest iron ore consumer brought in 93.97 million metric tons of the key steelmaking ingredient last month, the lowest since July 2023, according …

by hellenicshippingnews… on 14 April 2025 at 9:00 pm

China’s coal imports fell 6% in March, hurt by high inventories at ports and weak domestic demand that have pushed spot prices down to four-year lows. Imports for the month were 38.73 million metric tons, down from 41.38 million tons in March 2024, according to the General Administration of Customs. That was the first monthly …

by hellenicshippingnews… on 14 April 2025 at 9:00 pm

Iron ore futures inched higher on Monday, boosted by top consumer China’s upbeat data, although demand concerns caused by the intensifying trade conflict between Washington and Beijing lingered, curbing gains. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) TIO1! ended daytime trade 0.28% higher at 706 yuan ($96.68) a metric ton. …

by hellenicshippingnews… on 14 April 2025 at 1:00 pm

Today, Monday, April 14 2025, the Baltic Dry Index climbed by 08 points, reaching 1282 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry …

by hellenicshippingnews… on 13 April 2025 at 9:00 pm

Capesize The Capesize market faced headwinds this week, with broader macroeconomic pressures, particularly escalating US-China tariff tensions, weighing heavily on sentiment. The BCI 5TC saw significant midweek drops before recovering slightly to close the week at $14,952, down from $16,728 at the start. In the Pacific, a longer tonnage list persisted, and although key miners …

by hellenicshippingnews… on 11 April 2025 at 9:00 pm

The Baltic Exchange’s dry bulk sea freight prices rose slightly on Friday, even as the index marked its fourth straight weekly loss due to lower demand among panamax and supramax vessel segments amid a global trade war. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, gained 5 points or 0.4%, …

by hellenicshippingnews… on 11 April 2025 at 9:00 pm

Iron ore futures flitted sideways on Friday, but were on track for a weekly loss, as escalating trade tensions between the United States and China – the world’s two largest economies – clouded the outlook on demand. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 0.71% higher at …

by hellenicshippingnews… on 11 April 2025 at 1:00 pm

Today, Friday, April 11 2025, the Baltic Dry Index climbed by 05 points, reaching 1274 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry …

by hellenicshippingnews… on 10 April 2025 at 9:00 pm

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for ships carrying dry bulk commodities, snapped a twelve-day losing streak on Thursday, buoyed by higher rates in the capesize vessel segment. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, gained for the first time since March 25, adding …

by hellenicshippingnews… on 10 April 2025 at 9:00 pm

Iron ore futures rebounded on Thursday, as an escalating Sino-U.S. trade war lifted hopes of more aggressive stimulus measures from Beijing to counter the impact of the hefty tariffs. On Wednesday, top metals consumer China, in response to U.S. President Donald Trump hiking duties on Chinese goods to 104%, hiked the tariffs on U.S. imports …

by hellenicshippingnews… on 10 April 2025 at 1:00 pm

Today, Tuesday, April 10 2025, the Baltic Dry Index climbed by 10 points, reaching 1269 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry …

by hellenicshippingnews… on 9 April 2025 at 9:00 pm

The Baltic Exchange’s dry bulk sea freight index on Wednesday fell for the thirteenth straight session to a more than one-month low due to lower demand across vessels amid a global trade war. The main index, which monitors rates for capesize, panamax and supramax shipping vessels, dropped 83 points, or 6.2%, to 1,259, its lowest …