Atlantic iron ore FOB pricing sees wider Vale formula premium in October

Capt. John

Atlantic Basin iron ore contracts with long-term freight formulas, such as those with fixed freight terms used by Brazilian miner Vale, saw premiums to spot Capesize rates widen in October from preceding months. Netbacks based on spot Tubarao, Brazil-Qingdao, China, reference Capesize rates — which...

https://www.spglobal.com/platts/en/market-insights/latest-news/metals/110223-atlantic-iron-ore-fob-pricing-sees-wider-vale-formula-premium-in-october

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon