Iron ore freights fall w-o-w amid weak fixing ahead of CNY
Iron ore freights declined w-o-w on 10 Feb'26, as limited fixtures and a slower market weighed on rates. The upcoming Chinese New Year holiday curbed buying interest, and freights may stay under pressure until post-holiday activity picks up.
- Paradip-Qingdao: $9.80/dmt (-$0.8/dmt)
- Hedland-Qingdao: $8.10/dmt (-$1.4/dmt)
- Tubarao-Qingdao: $23/dmt (-$0.2/dmt)
- Saldanha Bay-Qingdao: $17/dmt (-0.5/dmt)