Logo

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.

Copper Gains as Dollar Weakens

28 Jan, 2026
Copper futures rose 2% to around $5.98 per pound on Wednesday, reversing losses from the previous session as a sharp decline in the dollar lifted the broader metals complex, including copper, gold and silver. A weaker greenback makes dollar...

Copper gains to continue after consolidation: UBS

28 Jan, 2026
Copper prices have moved into a consolidation phase after a strong rally, with momentum easing around $13,000 per metric ton as elevated prices dampened Chinese demand and rising inventories added short-term pressure. According to UBS strat...

Egypt ranks second worldwide as wheat output records major gains in 2025

28 Jan, 2026
Egypt has achieved a breakthrough in wheat production in 2025, securing second place globally in terms of average yield per feddan, according to official data released by the Ministry of Agriculture. The ministry reported that the national ...

Iron Ore Hits 1-Month Low

28 Jan, 2026
Iron ore futures slid to around CNY 785 per ton, touching a one month low as inventories at Chinese ports jumped to their highest level since 2022 last week, signaling softer demand amid ample supply. Steel demand weakened further as constr...

Ending Russian energy imports | Hellenic Shipping News Worldwide

28 Jan, 2026
The EU is taking action to end Russian energy imports and reduce its energy dependency, while maintaining stable energy supplies and prices across Europe. The REPowerEU plan and roadmapThe REPowerEU plan and roadmap set out the EU’s goal to...

Azerbaijan’s crude oil exports to Greece nearly doubled in 2025

28 Jan, 2026
In 2025, Azerbaijan exported nearly 702,355 tons of crude oil to Greece, valued at just over $367.7 million, marking a year-on-year increase of 1.9 times in volume and 1.6 times in value, Report informs, citing Azerbaijan’s State Customs Co...

India’s oil imports from Russia continue to decline, says oil minister

28 Jan, 2026
India’s imports of Russian crude oil are continuing to decline as the country diversifies its suppliers, according to Oil Minister Hardeep Puri. In an interview with Bloomberg Television on Tuesday, Puri noted that shipments from Russia hav...

MMI Daily Iron Ore Index Report January 28 2026

28 Jan, 2026
Today, the DCE iron ore futures market exhibited a volatile trend with a downward bias. The dominant contract, I2605, closed at 783 RMB/tonne, representing a decline of 0.70% from the previous trading day. In the physical market, spot price...