Synopsis

We look at the demand and supply dynamics driving key dry bulk markets, and how this is shaping our balances and price outlook into 2027.

What you'll learn

  • A changing supply landscape and rebalancing of power in iron ore. How Simandou, Gulf disruption, CMRG’s expanding purchasing power, and freight pass-through are resetting the market.
  • How Asian and European markets are navigating thermal coal supply disruptions as they head into winter. What do we expect from the coming months?
  • Is freight market volatility here to stay? What do these shifts in iron ore and coal markets mean for shipping?

Meet the speakers

Alexis Ellender
Senior Lead, Dry Bulk Insights

Alexis joined Kpler’s Insight Team in March 2023 as Lead Major Dry Bulks Analyst. Based in London, he brings over a decade of experience in dry bulk commodities and freight research. He leads the development of Kpler’s dry bulks research offering, covering coal, fertiliser, grain, iron ore, minor bulks, and dry freight. His work spans market analysis, supply-demand and pricing outlooks, client presentations, industry speaking engagements, and supporting the growth of Kpler’s dry bulks data products. Previously, he was a Director at Simpson Spence Young (SSY) in the Consultancy & Research team.

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Sushmita Vazirani
Lead Analyst - Iron Ore

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Tonmit Talukdar
Coal & Thermal Fuels Insight Analyst

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