Grains & Dry Bulk · Indicative Freight Rate
Brazil to Iran Grain Freight Rates
The latest indicative rate is$61.00/mt for 28 February 2026, Panamax, unchanged from the previous weekly reading. Weekly history is below.
Latest freight rate
What This Rate Measures
Indicative weekly voyage freight rate for grain from Brazil to Iran, Panamax vessels, in USD/mt.
Dry-bulk grain voyage rates: Indicative weekly voyage freight rates for grain cargoes from a named loading area to a named discharge area, for a stated lot size (e.g. 30,000 mt or 40/50,000 mt). Each origin, destination and lot size is a separate route page.
- Brazilian grain loads from Santos, Paranaguá and the Northern Arc ports.
- Iran receives grain through Gulf ports (Bandar Imam Khomeini, Bandar Abbas).
- The source states the vessel class (Panamax) rather than a tonnage for this route; the tonnage actually carried is not published.
Known terms (as published)
- Origin: Brazil
- Destination: Iran
- Cargo: Grain
- Vessel class: Panamax (tonnage not published)
- Rate unit: USD/mt; weekly reading
Not published by the source
- Laycan
- Vessel identity
- Load/discharge terms
- Named berths
These terms are left blank rather than inferred.
Unit and cadence
- USD per metric tonne of cargo.
- Weekly reading — the change shown compares two weekly readings.
Weekly Grain Freight Rates
Last 5 loaded weekly observations. A different origin or lot size is a different page.
| Date | Rate | Weekly change (published) | Trend |
|---|---|---|---|
| 28 Feb 2026 | $61.00 | 0.00 | steady |
| 21 Feb 2026 | $61.00 | 0.00 | steady |
| 14 Feb 2026 | $61.00 | 0.00 | steady |
| 7 Feb 2026 | $61.00 | 0.00 | steady |
| 31 Jan 2026 | $61.00 | 0.00 | steady |
Computed Summary
Calculated by CommodityScope from the loaded weekly readings only. Each statement names its period and method.
The latest rate of $61.00/mt on 28 Feb 2026 is unchanged from the previous weekly assessment (21 Feb 2026).
Method: Computed by CommodityScope as the difference between the two most recent loaded weekly observations (7 calendar days apart).
Over the loaded history (31 Jan 2026 – 28 Feb 2026), the highest rate was $61.00/mt on 31 Jan 2026 and the lowest was $61.00/mt on 31 Jan 2026.
Method: Minimum and maximum of the published rate over the loaded history (31 Jan 2026 – 28 Feb 2026, 5 observations). This is not an all-time record.
- No completed calendar month with at least 3 weekly observations is loaded, so the latest value is not compared with a monthly average.
Monthly Brazil–Iran, Panamax Averages
Average, minimum and maximum of published weekly rates in each calendar month. Incomplete latest months are marked month to date.
| Month | Average | Min | Max | Observations |
|---|---|---|---|---|
| February 2026 | 61.00 | 61.00 | 61.00 | 4 |
| January 2026 | 61.00 | 61.00 | 61.00 | 1 |
Comparable Routes, Explained
- Argentina to Iran Grain Freight Rates
Same destination from Argentina with the same vessel class; the gap reflects voyage distance and origin-side conditions.
$61.00 USD/mt · 28 Feb 2026 · difference (this − other) 0.00
- Russian Black Sea to Iran Grain Freight Rates
Same destination from Russia with the same vessel class; the gap reflects voyage distance and origin-side conditions.
$64.00 USD/mt · 18 Jul 2026 · different assessment dates — no difference shown
- Ukrainian Black Sea to Iran Grain Freight Rates
Same destination from Ukraine with the same vessel class; the gap reflects voyage distance and origin-side conditions.
$72.00 USD/mt · 18 Jul 2026 · different assessment dates — no difference shown
- Brazil to Algeria/Tunisia Grain Freight Rates
Same origin to Algeria/Tunisia; the gap reflects voyage distance.
$37.00 USD/mt · 5 Sep 2026 · different assessment dates — no difference shown
Related Grain Freight Rates
- Argentina to Iran Grain Freight RatesPanamax · $61.00 USD/mt
- Russian Black Sea to Iran Grain Freight RatesPanamax · $64.00 USD/mt
- Ukrainian Black Sea to Iran Grain Freight RatesPanamax · $72.00 USD/mt
- Brazil to China Grain Freight RatesPanamax · $55.00 USD/mt
- Brazil to Europe Grain Freight RatesPanamax · $37.00 USD/mt
- Brazil to Japan Grain Freight RatesPanamax · $56.00 USD/mt
- Brazil to South Korea Grain Freight RatesPanamax · $58.00 USD/mt
- Brazil to Spain Grain Freight RatesPanamax · $37.00 USD/mt
What This Rate Represents
This is an indicative voyage rate from loaded grain-market editions, not a live fixture screen. Origin, destination, commodity and parcel size on this page are those published for this stem only. Russia and Ukraine, and 40–50kt versus 30kt lots, stay on separate URLs. Laycan, named berths and vessel identity are not inferred when the source does not publish them.
How to use
- Add the rate to the FOB grain price of the origin to approximate a delivered cost for that lot size.
- Compare routes to the same destination to see how origin distance and vessel size affect cost.
Not suitable for
- Fixing a vessel: no laycan, vessel name, terms (e.g. load/discharge rates) or demurrage are implied.
- Mixing lot sizes: a 30,000 mt coaster/handysize stem is not the same market as a 40/50,000 mt panamax stem.
Sources for the explanations on this page
- Loaded weekly grain & feed editions — route table as printed
- ICC Incoterms® 2020 rules (FOB, CFR, CIF, FCA definitions) — Meaning of the delivery terms used in the basis column.
Numbers: loaded editions. Computed statistics: CommodityScope, from the loaded history (methodology).