# Bulk report – Week 9

> The capesize market traded in a narrow range in the week to March 4, 2022, settling at $13,560. Panamax demand was mixed, with Asian coal and grain fixtures supporting the market while Black Sea-linked ships were redeployed. Trade from the Black Sea region remains in limbo as owners avoid it.

- Date: 2022-03-04 · published 2022-03-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/11764-bulk-report-week-9
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Loss of Black Sea grain shipping capacity tightens tonnage and supports freight rates for other grain routes. Ocean freight costs remain a key component of imported feed ingredient prices.

## Read by commodity

- OCEANFRT: neutral

## Sources

- balticexchange.com: https://www.balticexchange.com/en/data-services/WeeklyRoundup/dry/news/2022/bulk-report-week-9.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.