Capesize freight firms on strong Atlantic iron-ore and bauxite shipments
Robust West Africa bauxite and Brazilian ore cargoes tightened Capesize availability, lifting time-charter equivalents across key routes.
Benchmark: Guinea 45% Al2O3, CIF China. The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →
| Origin | Basis | Price | vs benchmark | Market note |
|---|---|---|---|---|
🇬🇳 Kamsar Guinea · ~70% of China imports | CIF China | 76.50 | Benchmark | Reference grade and flow |
🇦🇺 Weipa Australia · steady | FOB Weipa | 55.00 | -21.50 (-28.1%)stable | FOB basis — shorter freight, lower alumina content |
🇮🇩 Bintan Indonesia · policy-dependent | FOB Bintan | 62.50 | -14.00 (-18.3%)widening | Export-ban risk priced as a discount |
Differentials are indicative desk assessments over the live benchmark — 90-day spread trend shown per origin.
Track physical flows on the live vessel map →Indicative term structure · Contango
Converted from 76.50 USD/t · indicative FX
Bauxite is traded in the bulk / ore segment, with price discovery referenced against OTC. The chart above shows the trailing indicative price path. Physical parcels of Bauxite can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.
Robust West Africa bauxite and Brazilian ore cargoes tightened Capesize availability, lifting time-charter equivalents across key routes.