MMI Daily Iron Ore Index Report August 5 2026

Today, the DCE iron ore futures trended higher today. DCE’s most-traded I2609 contract closed at 706 yuan/mt, up 0.93% from the previous trading session. Spot prices at Qingdao Port rose 3–8 yuan/mt from the prior trading day. Traders quoted actively, while steel mills purchased as needed, leaving overall spot trading moderate. The latest SMM survey ...

hellenicshippingnews.com ·9d ago

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

More in Finance & Markets

Coal Slips as India Production Rises

Thermal coal futures fell to around $130 per ton in early August, pulling back from more than one-month highs as India’s coal production increased 7.51% year-on-year to 69.75 million tons in July…

9d ago ·hellenicshippingnews.com

Platts Wheat Marker hits 13-month low amid Black Sea disruptions, weak demand

The Platts wheat benchmark, the Milling Wheat Marker, dropped to its lowest level since June 2025, assessed at $225.50/metric ton Aug.

9d ago ·hellenicshippingnews.com

Wheat Futures Hit Over 3-Week Low

Wheat prices fell below $6.40 per bushel in early August, hitting their lowest level since July 13, as falling oil prices weighed on broader agricultural markets.

9d ago ·hellenicshippingnews.com

Egypt leads US LNG cargo destinations in July amid cross-basin competition for supply

Egypt was the top destination for US LNG cargoes delivered in July, as war-driven supply disruptions in the Persian Gulf continued to spur cross-basin competition for available volumes, an analysis of S&P Global Energy CERA data showed Aug. 3. Deliveries of US LNG to Egypt reached a record monthly high of 21 cargoes in July, ...

9d ago ·hellenicshippingnews.com

DP World Pilots Intermodal Corridor For Finished Vehicles Between Western And Southeastern Europe

DP World has completed the first delivery of finished vehicles from Zeebrugge in Belgium to Aiud, Romania, launching a new rail corridor connecting western and southeastern Europe. The initial shipment, destined for Chisinau, Moldova, is the first vehicle rail operation in Europe managed end-to-end by DP World.

9d ago ·hellenicshippingnews.com

Chinese Nation’s Shipbuilding Edge Runs Deeper Than Shipyards

After covering China’s shipbuilding industry for nearly a decade, I have recently noticed a new trend that is not immediately visible in global order books or production rankings. Experts at the Beijing-based China Association of the National Shipbuilding Industry told me the industry’s ecosystem is expanding beyond shipyards and…

9d ago ·hellenicshippingnews.com