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Freight & Commodities

Stay up to date with the latest in Freight & Commodities— covering market updates, regulatory changes, vessel activity, and expert commentary from top maritime sources.

Wheat inches higher after cut to Russian supply estimate

16 Jul, 2025
Chicago wheat futures rose on Wednesday after a Russian consultancy reduced its production estimate for the world’s top exporter of the grain, but prices remain near five-year lows amid ample supply and sluggish demand. Corn futures climbed...

Copper prices little changed as traders weigh US CPI, tariff imapct

16 Jul, 2025
Copper prices in London and Shanghai were largely unchanged on Wednesday as traders assessed a mix of macro signals, including U.S. inflation data and new tariff announcements, while assessing China’s first-half economic data. Three-month c...

Academic study links underwriting restrictions with reduction in US coal mine output

16 Jul, 2025
A recent analysis conducted by the University of Zurich has indicated that there is a statistical relationship between insurers that adopt coal underwriting restrictions and a reduction in the number of insured U.S. coal mines.The study, wh...

Corn vs soy: Argentina’s farmers weigh taxes, margins in planting plans

16 Jul, 2025
Farmers in Argentina, one of the world’s top grains suppliers, are set to favor corn over soy in the upcoming 2025/26 season, the head of the major SRA agricultural association told Reuters, citing higher export taxes on soy, subdued prices...

China’s copper imports jump 9% in June reversing two months of declines

16 Jul, 2025
China’s copper imports rebounded 8.7% in June, bucking a two-month fall, although imports to date this year are below last year’s levels amid a global transfer of copper inventories to the United States. Unwrought copper and copper product ...

MMI Daily Iron Ore Index Report July 16 2025

16 Jul, 2025
Today, DCE iron ore futures continued their strong upward trend, with the most-traded contract I2509 reaching a high of 777.5 and eventually closing at 773, marking a daily increase of 1.05%. Traders actively sold their goods. Steel mills p...

USDA rundown: Record US corn exports and US biofuel boom

16 Jul, 2025
The United States, the world’s top corn supplier, is set to export a record volume of corn in the waning 2024-25 marketing year, slightly edging out 2020-21’s high. The catch? This year’s efforts included virtually zero involvement from Chi...

Vitol signs $240m iron ore prepayment deal with Brazilian mining firm | Commodity news

16 Jul, 2025
Energy and commodities firm Vitol has clinched a deal to lift 6m tonnes of iron ore over a 4-year period. The company said it has entered into a $240m prepayment arrangement with CSN Mining International GMbH, a subsidiary of Sao Paulo-base...