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Dry Bulk Political and Trade International

High iron ore price halts capesize retreat

Capesize rates are back up following a two-day descent late last week as iron ore futures surged to $226 per tonne on the back of formidable demand from China

  • Analysis

The average weighted capesize time-charter gained 2% to $42,370 per day at the close on the Baltic Exchange

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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