China seaborne iron ore demand to grow

IN A weak market like this, an unexpected event or two can send rates into loss-making territory. The average of the four major capesize routes dropped to $4,278 by today, down more than $1,000 from the week before. Cyclone Rusty in Australia closed three major ports and, according...

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5504 (-1160) SSY Pacific Capesize Index

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