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.
| 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 6-month 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.