Chinese iron ore demand to prop up bulk market in 2025
- Chinese demand has been weaker at the start of 2025
- China’s Two Sessions meetings offer little hope of incoming infrastructure investment
- Ore supply looks healthy with strong production guidelines, but it has to go somewhere
With seaborne coal trade expected to decline in 2025 and grain’s performance very much in the balance, iron ore’s status as the largest commodity traded on the ocean means demand for it is even more important than normal if dry bulk is to have a successful 2025