BANCOSTA Weekly Market Report – Week 29, 2021

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2021, a year for robust iron trade. Refinitiv Total Global Loading trade is up in the global market by 3.3%. Mainland China remains the largest importer of iron ores accounting for a massive 68% of global seaborne trade. This proved China’s Seatrade to rise in trend by 7.2%.

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Source: CapitalLinkShipping