The Shanghai Shipping Exchange reported that this week coal freight rates moved lower as typhoon disruptions eased, while coastal grain freight rates rose seasonally and diesel transport demand gave some support. The China Coastal Composite Freight Index edged up to close at 1,122.1 points, up 1.3% from the previous period.
Higher coastal grain freight raises the cost of moving feed grains within China, slightly tightening delivered feed costs for domestic buyers. The move is small and routine, so price impact is limited.
After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.