MID-SHIP Alumina/Bauxite – Mar 4, 2025

March 4, 2025

Market Overview: 

Today’s market activity has been subdued, reflecting a convergence of global holidays and ongoing uncertainty stemming from the U.S. Trade Representative’s recent developments – the actionable conclusion announced on January 16, followed by the February 21 announcement of potential measures to be taken targeting Chinese vessels, including substantial port charges – and the unusual conclusion to the Ukraine-U.S. White House meeting on Friday, which capped a challenging week. As a result, new inquiries have been notably limited.

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