Iron Ore Stays Flat - Fuel Oil Drops: Mid-July Analysis

Welcome back to "Freight Up," your go-to podcast for insights into the major freight and bulk commodity markets from FIS. I'm your host, Davide, and it's time once again for the latest updates and movements in major freight and bulk commodity markets. Joining us are Hao Pei from Shanghai to discuss the iron ore market and Archie Smith, who will break down the fuel oil sector. We'll be covering everything from the recent dip in the US unemployment rate and China's inflation trends to fluctuations in iron ore and fuel oil prices. Listen for insights on market movements, coal demand, and the latest data impacting our industry. Don't forget to follow the podcast and our company page on LinkedIn, and download our FIS Live app to stay ahead with the freshest freight and commodity analysis. Let's get started!Timestamped summary00:00 Shipping rates fluctuate, handysize index remains flat.05:25 Futures prices and open interest continue to rise.08:30 Attempting to persuade market on resilient iron ore demand in China.12:15 Trump's impact on oil market, weak China imports.