# Baltic index moves higher as rates tick up for all vessels | Reuters

> The Baltic Exchange dry bulk index rose 1.4% to 2,069 points on March 1, 2022, snapping three sessions of declines. Rates rose across capesize, panamax, supramax and handysize segments.

- Date: 2022-03-01 · published 2022-03-01T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/12927-baltic-index-moves-higher-as-rates-tick-up-for-all-vessels-reuters
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Rising dry bulk rates raise the landed cost of imported grains and meals, and firmer fuel prices add further upward pressure on freight.

## Read by commodity

- OCEANFRT: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| OCEANFRT | 2022-03-01 | 1 | +17.9% | 2.4 | The Baltic dry index rose on March 1 with gains across all vessel segments, directly reflecting higher dry bulk freight at the end of the window. |

## Sources

- reuters.com: https://www.reuters.com/markets/asia/baltic-index-moves-higher-rates-tick-up-all-vessels-2022-03-01/

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