Mediterranean to South America Clean Freight Rates — LR1

Rates by vessel and cargo

Each row is a separate USD/mt assessment for its own vessel class and cargo basis. The featured series supplies the headline value and the computed summary and monthly statistics below; it is not an average of the assessments on this lane.

Changes compare consecutive available assessments of the same series. The 30D range shows the minimum and maximum of available USD/mt observations within the trailing 30 calendar days.

What These Assessments Measure

CommodityScope Assessment History

Latest 30 assessment dates. All values are shown in USD/mt. Dates without available assessments are omitted.

Computed Summary — LR1 · 60,000 mt

Calculated by CommodityScope from the USD/mt observations of LR1 · 60,000 mt only. Each statistic states its observation period and calculation method.

1. The latest assessment of $54.75/mt on 2 November 2026 is unchanged from the previous assessment of $54.75/mt on 30 October 2026.

   Method: Absolute change equals the latest assessment minus the previous available assessment. Percentage change equals that difference divided by the previous assessment, multiplied by 100. The two observations are three calendar days apart.

2. Across the 45 available observations from 1 September 2026 to 2 November 2026, the highest assessment was $58.28/mt on 13 October. The lowest was $37.09/mt on 1 September.

   Method: Minimum and maximum of the available assessments within the stated period. These are extrema of the available history, not all-time market records.

3. The latest assessment is 1.2% above the October 2026 average of $54.12/mt, the most recent completed month with 22 daily observations.

   Method: Arithmetic mean of the daily assessments in October 2026. Months still in progress are excluded from this comparison.

Monthly Statistics — LR1 · 60,000 mt (USD/mt)

Arithmetic average, minimum and maximum of the available daily USD/mt assessments for LR1 · 60,000 mt within each calendar month. Observation counts are shown. The current month is marked month to date and is not a completed-month result.

Related Trade Lanes

Explore other freight markets. Compare cargo type, vessel class, cargo basis and assessment date before comparing displayed rates.